--%>

Where is Positive theory inaccurate

Can anybody suggest me the proper description for given problem regarding positive theory in Economics generally.

Positive theory which is inaccurate: (w) can be disproved through logic and fact. (x) includes poor value judgments. (y) is a contradiction within terms. (z) can be corrected through best normative theory.

Please guys help me to solve out this problem.

   Related Questions in Public Economics

  • Q : Examples of scientifically positive

    Illustrations of scientifically positive statements would comprise the assertion that: (i) executing jaywalkers and atheists will enhance the morality of average Americans. (ii) racial prejudice and violent criminal acts are symptoms of dysfunctional

  • Q : Define subjective opportunity cost for

    Can someone explain me with excellent solution about problem of economic concept of Opportunity Cost... If you exchange your Audi for a race horse you hate, and exchange the race horse for 100 shares of gold-mine stock you believe

  • Q : Define an example of a free good of

    The closest of the given to being a free good would be from below: (i) affection and support by your parents. (ii) a $100 bill you determined after a stiff breeze blew this onto your porch. (iii) health insurance given by a firm to all its workers. (iv) the second bag

  • Q : Occurrence of good or service scarce in

    A good or service is scarce when people: (w) would benefit from its reduction. (x) wish more than the amounts freely obtainable. (y) cannot enjoy this simultaneously. (z) can freely consume all they want.

    Q : Knowing the Property Rights Fee-simple

    Fee-simple property rights comprise the right to: (1) Demolish things you own, sell them, or confer them away.  (2) Duplicate a copyrighted work by paying the small fee. (3) Picnic in such publicly-owned facilities like national parks. (4) Employ

  • Q : Determine an example of net investment

    When gross investment is $100 billion whereas $10 billion of capital is worn out, in that case net investment is: (w) $90 billion. (x) $100 billion. (y) $110 billion. (z) not possible to calculate without more information.

    Q : Current situation- better off without

    When it is possible to make somebody better off without making anybody worse off, the current condition is: (w) efficient. (x) inefficient. (y) optimal. (z) simply enhanced. How can I solve my problem of Economic Efficiency

  • Q : Example of Relative Price Suppose a

    Suppose a deluxe hamburger is $5, an Oreo blizzard is $3, and a soda is $1. Then the relative price of the hamburger is: (a) 1.6 blizzards. (b) four sodas and half of a blizzard. (c) two blizzards. (d) a blizzard and one soda.

    Q : Decisions and owns resources The

    The Economic systems are categorized mainly according to: (1) Who makes decisions and who owns the resources. (2) Which political parties are in the power. (3) The extent of economic growth. (4) How efficiently resources are employed.

    Q : Self-interested behaviour in economics

    Several critics of our economic system contend such that self-interested behavior is not intrinsic, although that people are taught to be "selfish" through our society's stress within competition. Such critics argue that when we encouraged cooperation as much as we cu