All categories

3 years ago

A normative economic statement can be proved or disproved by reference to facts?

1 answer:

6 0

No, A "Normative economic statements are those statements that cannot be either proved or disproved with reference to facts."

However, "Positive economic statements are those statements which can be either proved or disproved with reference to facts."

You might be interested in

g Declaring bankruptcy by the bond issuing firm ______ . a. has no impact on value of its bonds b. increases the value of its bo

Scilla [17]

Answer:

c. decreases the value of its bonds

Explanation:

There is a significant decrease in the value of the bond if the firm declares bankruptcy.

4 0

3 years ago

Condensed financial data are presented below for the Phoenix Corporation:

dybincka [34]

Answer:

profit margin 7.77%

Interpretation: from evey dollar of sales the firm achieves almost 8 cent of net income

inventory turnover ratio 3.45

Interpretation: the inventory is sold 3 and a half times during the year

Explanation:

the profit margin is the quotient between net income and sales.

$\frac{net \: income}{sales} = $profit margin$

127,500 / 1,640,000 = 7.77%

the inventory turnover wil be the cost of good sold over the average inventory during the year

(312,500 + 257,500)/ 2 = 285,000

982,500 / 285,000 = 3,447368421

6 0

3 years ago

What is the term for the total amount of money produced by the sale of goods and services?

ELEN [110]

Answer:

D) revenue

Explanation:

Revenue is the total amount of income generated by the sale of goods or services related to the company's primary operations.

HOPE THIS HELPS AND HAVE A NICE DAY <3

4 0

2 years ago

What do statistics show about most Americans’ financial management?

anzhelika [568]

Answer:

46%of Americans couldn't come out with $400 in an emergency

7 0

3 years ago

what are the primary differences between technical communication and other types of communication with which you might have expe

Semenov [28]

The most significant distinction between technical communication and the other types of writing you've done is that technical communication has a somewhat different emphasis on audience and goal. This sort of communication is more than just delivering information; it ensures that the audience properly understands what the author wishes to express.

The goal of all technical information is to explain complex or difficult instructions, concepts, or tasks in a clear, non-personal communication and understandable manner. Science, engineering, and technology are all covered in technical writing. Specifications, manuals, data sheets, research papers, field reports, and release notes are examples of typical documents.

To learn more about communication, click here.

brainly.com/question/22558440

#SPJ4

3 0

2 years ago