A true because it is and plz give me a thank cause i got you the right answer.
Economics relies on a contrast between positive assertions, which describe the world as it is, and normative claims, which describe how the world should be, in order to characterize economic behavior as it actually occurs.
What are economics?
Economics is the study of scarcity and how it impacts a wide range of complex societal challenges, including the use of resources, the creation of goods and services, the increase in productivity and welfare through time, and many other complex problems. Economic analysis' fundamental purpose is to examine individuals. It seeks to make clear the motivations underlying people's choices, deeds, and reactions to successes or failures. Sociological, psychological, historical, and psychological topics are all included in economics research.
What is the difference between positive economics and normative economics?
Different economic phenomena are described and explained by positive economics. The goal of normative economics is to determine what the economy "should" or "ought" to be. Normative economics is founded on value judgments, as opposed to positive economics, which is based on truth and cannot be approved or disapproved.
Learn more about Economics: brainly.com/question/14355320
#SPJ4
The correct questions are:
1) Financial regulation stimulates competition practices and prohibits the creation of monopolies, except when authorized by the government.
3) The regulatory apparatus forces companies to follow best accounting practices and encourages transparency. This reduces cases of corruption and tax evasion.
4) Regulation stimulates competition between firms. In a competitive market firms the vector of competition among firms is the price. This stimulus to competition is good for the market and for the consumer. Efficient firms charge a lower price, benefiting the consumer. Inefficient firms are eliminated from the market.
