« previous next »

Author Question: What is the difference between positive and normative analysis? What will be an ideal ... (Read 65 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?

Interferon was scarce and expensive until 1980, when the interferon gene was inserted into bacteria using recombinant DNA technology, allowing for mass cultivation and purification from bacterial cultures.

Did you know?

During the twentieth century, a variant of the metric system was used in Russia and France in which the base unit of mass was the tonne. Instead of kilograms, this system used millitonnes (mt).

Did you know?

Nearly all drugs pass into human breast milk. How often a drug is taken influences the amount of drug that will pass into the milk. Medications taken 30 to 60 minutes before breastfeeding are likely to be at peak blood levels when the baby is nursing.

Did you know?

Normal urine is sterile. It contains fluids, salts, and waste products. It is free of bacteria, viruses, and fungi.

Did you know?

About 3% of all pregnant women will give birth to twins, which is an increase in rate of nearly 60% since the early 1980s.

Continuous positive airway pressure (CPAP) device. The sleeping subject is receiving the benefits of Continuous positive airway pressure (CPAP) device. The sleeping subject is receiving the benefits of
Sample root cause analysis: Duplicate dose of a narcotic analgesic. Sample root cause analysis: Duplicate dose of a narcotic analgesic.
Tumor marker analysis of a patient undergoing therapy, who (1) after surgery had residual disease ... Tumor marker analysis of a patient undergoing therapy, who (1) after surgery had residual disease ...
Table - Correlation Analysis Table - Correlation Analysis
Table - Analysis Table - Analysis
PCR analysis showing expansion of the CAG repeat region of the HD gene PCR analysis showing expansion of the CAG repeat region of the HD gene
Video: Stroke volume - preload, sarcomere length and Frank -Starling law

For a complete list of videos, visit our video library