Answer: Positive and Normative
Explanation:
Positive economic analysis is basically something that is based on actual facts and cannot be approved or disapproved through views or opinions of others.
Whereas, normative economic analysis is something that focuses on the measure of how the policy is, whether good or bad or the way it should be or should become etc.
Rent control and federal farm programs are positive economic analysis. Its a fact.
Whether it is bad or good is normative economic analysis because you're able to value its fairness.
Answer:
The correct answer is B. False.
Explanation:
Preferred shares are called because they have priority over common shares in the payment of dividends or upon settlement, although they are subordinated to the payment of bonds or obligations. Their conditions are negotiated directly between the issuing entity -bank- and the investor or shareholder. They are a high financial risk asset that can give high bank interest or large losses.
Answer:
The correct answer is letter "B": Fair Labor Standards Act.
Explanation:
The Fair Labor Standards Act or FLSA is the U.S. federal law that sets regulations on employees' payments. The FLSA aims to provide fair wages to all workers by <em>establishing minimum wages</em>, compensations for overtime work, and it also builds barriers for child labor.
