This topic contains a solution. Click here to go to the answer

Author Question: Bill says: The imposition of a tax on tequila will increase its price. Bob says: Taxes should be ... (Read 47 times)

bobbysung

  • Hero Member
  • *****
  • Posts: 519
Bill says: The imposition of a tax on tequila will increase its price. Bob says: Taxes should be imposed on tequila because college students drink too much.
 a. Both statements are normative.
 b. Both statements are positive.
 c. Bill's statement is normative, and Bob's statement is positive.
  d. Bill's statement is positive, and Bob's statement is normative.

Question 2

We can calculate the GDP by adding the values added by each firm that produced the goods and services.
 a. True
  b. False
  Indicate whether the statement is true or false



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

aprice35067

  • Sr. Member
  • ****
  • Posts: 337
Answer to Question 1

d

Answer to Question 2

True




bobbysung

  • Member
  • Posts: 519
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it


Laurenleakan

  • Member
  • Posts: 309
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Egg cells are about the size of a grain of sand. They are formed inside of a female's ovaries before she is even born.

Did you know?

Allergies play a major part in the health of children. The most prevalent childhood allergies are milk, egg, soy, wheat, peanuts, tree nuts, and seafood.

Did you know?

The B-complex vitamins and vitamin C are not stored in the body and must be replaced each day.

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.

Did you know?

HIV testing reach is still limited. An estimated 40% of people with HIV (more than 14 million) remain undiagnosed and do not know their infection status.

For a complete list of videos, visit our video library