« previous next »

Author Question: What is the difference between positive and normative analysis? What will be an ideal ... (Read 46 times)

rosent76

  • Hero Member
  • *****
  • Posts: 516
on: Jun 30, 2018
What is the difference between positive and normative analysis?
 
  What will be an ideal response?

Question 2

The international institution that serves as a lender of last resort is called the
 
  A) IBRD.
  B) WTO.
  C) IMF.
  D) World Bank.
  E) GATT.


essyface1

  • Sr. Member
  • ****
  • Posts: 347
Reply #1 on: Jun 30, 2018
Answer to Question 1

Positive analysis refers to the attempt to answer descriptive questions, focusing on economic behavior without making recommendations about what is or ought to be. On the other hand, normative analysis makes value judgments regarding what is or should be.

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

All adults should have their cholesterol levels checked once every 5 years. During 2009–2010, 69.4% of Americans age 20 and older reported having their cholesterol checked within the last five years.

Did you know?

More than 50% of American adults have oral herpes, which is commonly known as "cold sores" or "fever blisters." The herpes virus can be active on the skin surface without showing any signs or causing any symptoms.

Did you know?

It is difficult to obtain enough calcium without consuming milk or other dairy foods.

Did you know?

An identified risk factor for osteoporosis is the intake of excessive amounts of vitamin A. Dietary intake of approximately double the recommended daily amount of vitamin A, by women, has been shown to reduce bone mineral density and increase the chances for hip fractures compared with women who consumed the recommended daily amount (or less) of vitamin A.

Did you know?

The first oncogene was discovered in 1970 and was termed SRC (pronounced "SARK").

DNA analysis of phylogenetic relationships among modern and extinct flightless birds by Cooper and c DNA analysis of phylogenetic relationships among modern and extinct flightless birds by Cooper and c
(A) Scratch test; patient is exposed to allergens through a light scratch on the skin; (B) Positive (A) Scratch test; patient is exposed to allergens through a light scratch on the skin; (B) Positive
Pedigree analysis (Widows Peak) Pedigree analysis (Widows Peak)
Principal component analysis of blood plasma metabolites in chronic myeloid leukemia (CML) patients Principal component analysis of blood plasma metabolites in chronic myeloid leukemia (CML) patients
linear programming problem, applying simplex method and sensitivity analysis linear programming problem, applying simplex method and sensitivity analysis
Genetic complementation analysis Genetic complementation analysis
Video: Kinetic parameters & Kinetic experiment

For a complete list of videos, visit our video library