Classify each of the following statements as positive or normative.
Positive / Normative:
1. Society faces a short-run trade-off between inflation and unemployment.
2. The government should provide basic healthcare to all citizens.
3. Investment increases when interest rates fall.
4. The Federal Reserve should reduce the rate of money growth.
5. A reduction in the rate of money growth will reduce the rate of inflation.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Classify each of the following statements as positive or normative. Positive / Normative: 1. Society faces a short-run trade-off between ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
Your father invested a lump sum 39 years ago at 4.25 percent interest. Today, he gave you the proceeds of that investment which totaled $51,780.79. How much did your father originally invest, assuming annual compounding
Answers (1)
Which of the following statements about an outward shift of the production possibilities frontier is true? a. The economy can no longer produce the same quantities of consumption and capital goods it did before the shift. b.
Answers (1)
A company is considering the purchase of a new piece of equipment for $117,200. Predicted annual cash inflows from this investment are $53,000 (year 1), $21,500 (year 2), $26,500 (year 3), $20,500 (year 4) and $23,000 (year 5).
Answers (1)
You are a marketing manager for a company that packages vacations to exotic locations. You use a variety of media to promote these trips, including upscale magazines, infomercials, and direct mail. One of your primary objectives is integration.
Answers (1)
An economy's production of two goods is efficient if a. all members of society consume equal portions of the goods. b. the goods are produced using only some of society's available resources. c.
Answers (1)
New Questions in Business
A business purchases equipment by paying $6,276 in cash and issuing a note payable of $19,177. Which of the following occurs? Select one: A. Cash is credited for $6,276, Equipment is credited for $25,453, and Notes Payable is debited for $19,177. B.
Answers (1)
Using an example, explain the relationship between human resources and business objectives ...
Answers (1)
An investor purchased 100 shares of stock x at / small 6/frac{1}{8} dollars per share and sold them all a year later at 24 dollars per share.
Answers (1)
True or false: Google manages every aspect of Google Cloud Platform customers' security.
Answers (1)
Which sentences describe characteristics of a partnership? A. The owners are free from personal liability. B. The owners pool their resources to raise capital. C. The owners in a partnership are called members. D.
Answers (1)