Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jun 12, 2024

7.A positive statement is one which is: objective and is based on the laws and principles of economics. subjective and is based on a value

7.A positive statement is one which is:

objective and is based on the laws and principles of economics.

subjective and is based on a value judgment.

derived by induction.

derived by deduction.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Microeconomics

Authors: Robert Pindyck, Daniel Rubinfeld

8th edition

978-0132870436, 132870436, 013285712X, 978-0133371178, 133371174, 978-0132857123

More Books

Students also viewed these Economics questions

Question

★★★★★

a) What is extraterritoriality? b) What does the Court typically apply to discern whether an Act of Congress regulating conduct applies abroad? c) What does the presumption of extraterritoriality...

Answered: 1 week ago

Question

★★★★★

On a piece of paper or on a device with a touch screen, hand write the solution to the following problem: You would like to buy a house for $1,100,000. You put $200,000 down, and then get a mortgage...

Answered: 1 week ago

Question

★★★★★

Find the median for the set of measurements 2, 9, 11, 5, 6, 27.

Answered: 1 week ago

Question

★★★★★

Make all required General Fund journal entries for the Doyle County Public Schools for 20X6, including adjusting entries, required by the following information. 1. The Doyle County Public Schools...

Answered: 1 week ago

Question

★★★★★

QUESTION 11 poin Suppose your annual income is $39,396 and there are two tax brackets: 10% for $0-$20,000 and 30% for everything above $20,000. What percentage of your income will you pay in taxes?...

Answered: 1 week ago

Question

★★★★★

A mechanical system consisting of five bodies A, B, C, D and E, moves under the influence of external forces. The radii of the cylinders and blocks are given. Radii of inertia are given for blocks;...

Answered: 1 week ago

Question

★★★★★

Scenario #1 A manufacturer advertises that its hand sanitizer kills the "Covid-19 virus on contact." The manufacturer has tested its hand sanitizer for effectiveness against other viruses, but not...

Answered: 1 week ago

Question

★★★★★

The Dallas Morning News reported the findings of a study by the Department of Transportation that examined the effect on average airfares when new, low priced carriers, such as Southwest Airlines or...

Answered: 1 week ago

Question

★★★★★

Alison, Blanca, Jaime, and Cuong are still relatively new employees at Deloitte. At least once a week, they use their workstation computers to watch videos of lectures or how-to guides, play games...

Answered: 1 week ago

Question

★★★★★

1/ The cost of housing is based on supply and demand. Group of answer choices True False Source: https://www.youtube.com/watch?v=R0h8kfA4i_A 2/ According to the video, in New York City,...

Answered: 1 week ago

Question

★★★★★

Trevor has owned a large block of land for 3 years and has just decided to subdivide this large block into three allotments and build a home unit on each subdivided allotment using a builder for...

Answered: 1 week ago

Question

★★★★★

Question 5 Brent is a very talented accountant with ambitions to become the general manager of his firm. The directors advise Brent that he will be promoted as soon as he obtains a Master of Business...

Answered: 1 week ago

Question

★★★★★

1. Start with a leader that you want to model. a. What is the stated purpose of this person? b. What is the vision of this person? c. How does he seek to achieve his purpose and vision? d. What does...

Answered: 1 week ago

Question

★★★★★

2. Now change the performance so that you play out the dream in your inner the-atre. Apply colours to the images you envision. Give some pictures a stronger colour than others and vice versa. Also...

Answered: 1 week ago

Question

★★★★★

1. Imagine that you have already achieved a dream or a goal you have set for yourself. Both the goal and the dream correspond to your basic values. Try to visualize this dream or goal. What do you...

Answered: 1 week ago

Previous Question Next Question