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Author Question: Positive economics answers the question, What ought to be? Normative economics predicts the ... (Read 135 times)

anshika

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Positive economics answers the question, What ought to be? Normative economics predicts the consequences of alternative actions, answering the questions, What is? or What will be?
 
  Indicate whether the statement is true or false

Question 2

Which of the following statements is true?
 
  A) If a bank lends a sum of 600 to a firm, the sum is a part of the bank's liability.
  B) If a bank lends a sum of 200 to a household, the sum is a part of the bank's liability.
  C) If a firm deposits a sum of 500 in a bank, the sum is a part of the bank's assets.
  D) If a firm deposits a sum of 500 in a bank, the sum is a part of the bank's liability.



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asdfghjkl;

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Answer to Question 1

FALSE

Answer to Question 2

D




anshika

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Reply 2 on: Jun 30, 2018
Wow, this really help


nanny

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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