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Author Question: Which of the following statements belongs more properly in the field of normative economics than ... (Read 55 times)

Facerro

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on: Oct 12, 2022

Question 1

Disagreements over positive statements
◦ arise from the failure to distinguish between a positive and a normative statement.
◦ never occur.
◦ are best handled by an appeal to the facts.
◦ are basically devoid of any emotion.
◦ cannot arise because positive statements are facts.

Question 2

Which of the following statements belongs more properly in the field of normative economics than positive economics?
◦ The price of one Canadian dollar is $0.85 U.S.
◦ Canadian governments should provide assistance to the auto industry.
◦ When a drought occurs, the price of vegetables tends to rise.
◦ Technological change has reduced the cost of cell phone service.
◦ An increase in the minimum wage leads to more unemployment.
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by Facerro on Oct 12, 2022

mamboz

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Reply #1 on: Oct 12, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Facerro

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Reply 2 on: Oct 12, 2022
Great answer, keep it coming :)

amcvicar

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Reply 3 on: Yesterday
Gracias!

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