Answer:
C. If taxes are over 50 percent of national income, job creation falls.
Explanation:
Option C is correct because the positive economic statements are those statements that can be tested and rejected but the normative economic statements can not be tested, these statements are nonvalue judgments. Thus, the statement is given in the question that the tax rate of 50% on the national income will decrease the job creation can be tested or it can be rejected. Thus, option C is right.
Answer:
Availability.
Explanation:
This is explained as the ability to process information that comes to the mind immediately trying to think lesser or neglect that which is not yet in mind. That was what Dave, could not phatom in the above description. This phenomenon ends up making people often judge the likelihood of an event, or frequency of its occurrence subtly with which instances and scenarios come easily to mind.
In business dealings for example, an over-estimation can be the likelihood of attacks by sharks or list accidents. Also, some smokers may see one elderly heavy smoker and exaggerate the likely healthy life expectancy of this group.
Answer:c. social capital
Explanation:
Social capital is the feature of social organization, such as networks, norms, and trust that facilitate coordination and cooperation for mutual benefit.
In social capital,you invest in social relationships, in order to get more money.
Hence, when a firm has strong positive relationships with suppliers and customers, the firm is said to have social capital.