Positive economics A) always gives an optimistic spin to ...

[amal]

Positive economics
 
  A) always gives an optimistic spin to economic news.
  B) is concerned with the economic policies that should be implemented.
  C) is objective.
  D) was not used by nineteenth century economists.

Question 2

When a government increases an effective price ceiling for a product
 
  A) the shortage in the market will be reduced.
  B) the shortage in the market will be increased.
  C) the surplus in the market will be reduced.
  D) the surplus in the market will increase.

[1_Step_At_ATime]

Answer to Question 1

C

Answer to Question 2

A

[amal]

Thank you

[1_Step_At_ATime]

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