Ask Question
BusinessBusiness
19 December, 14:52

Suppose that you are on a date with an economics major, and you want to impress them by talking about economics. Your date challenges you to state your knowledge of positive and normative questions.

+2
Answers (1)
  1. 19 December, 18:23
    0
    The difference between positive and normative questions, is that positive questions have a correct answer, while normative questions have subjective answers. Positive questions ask about how something really is, e. g. what is the GDP per capita in the US? Normative questions ask about how things should be, e. g. Is the US GDP per capita large enough?
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Suppose that you are on a date with an economics major, and you want to impress them by talking about economics. Your date challenges you ...” 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
Federal agencies which are required to report a Statement of Custodial Activity have transactions which are similar to which fund type of a state or local government?
Answers (1)
At the close of a federal civil trial, the court held in favor of the student loan provider for the full amount plus post-verdict interest at 8%.
Answers (1)
Total economic surplus is represented by: question 6 options: the area below the demand curve and above the market equilibrium price.
Answers (1)
When the "baby boomer" generation retires, the number of people who require health care increases by 30%, and, as a result, the number of health-care providers also increases, but only by 25%.
Answers (1)
Explain the effects of each of the following factors on the market price and quantity of cell phones available in the market: an increase in consumers' income, technical improvements that reduce production costs, and a sharp decline in the cost of
Answers (1)
New Questions in Business
The best way for an employer to find out if a potential employee can do a job is by
Answers (1)
Tiffany is an architect for the building of a large office complex downtown. Frequently a group of steel workers whistle at her as she climbs a ladder or interacts with staff. The men's actions create a hostile work environment. a) true b) false
Answers (1)
Monica heard that as a general rule, she should spend no more than one week's pay on rent. If Monica's salary is $42,068 per year, what is the maximum amount per month that she should spend on rent?
Answers (1)
Which of the following statements regarding a firm's optimal capital structure are true? Check all that apply. The optimal capital structure maximizes the firm's stock price. The optimal capital structure minimizes the firm's WACC.
Answers (1)
Briefly describe how people's success and self confidence are related.
Answers (2)
Home » Business » Suppose that you are on a date with an economics major, and you want to impress them by talking about economics. Your date challenges you to state your knowledge of positive and normative questions.
Sign Up Forgot Password?