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Author Question: Positive economics answers the question, What ought to be? Normative economics predicts the ... (Read 132 times)

anshika

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on: Jun 30, 2018
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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Reply #1 on: Jun 30, 2018
Answer to Question 1

FALSE

Answer to Question 2

D


anshika

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Reply 2 on: Jun 30, 2018
:D TYSM

samiel-sayed

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Reply 3 on: Yesterday
Wow, this really help

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