1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
ValentinkaMS [17]
3 years ago
7

Which area of economics uses value judgments to make recommendations for future actions?

Social Studies
2 answers:
myrzilka [38]3 years ago
5 0

The area of economics that uses value judgments to make recommendations for future actions is normative economics. To do so, normative economics analyze the possible way an economy should work under certain ideal circumstances.

That being said, normative economics is just opinions of economists that say what they think might happen to an economy judging by circumstances. It can either be true or false, it depends on who believes it.  


swat323 years ago
4 0

Normative economics makes judgements related to economic events and decisions, in order to conclude whether these are fair or adequate in a specific situation, or in order to assess the validity of the goals and results of the public economic policy.

This dimension in the study of economics is defined in opposition to positive economics, the branch within economics that describes and explains economic phenomena, without making any judgement.

You might be interested in
The classic example of a private, unregulated monopoly is: intel. de beers. general motors. general electric.
xz_007 [3.2K]

De Beers

De Beers enjoyed dominant position and control of the diamond industry. As a result, it held control of market supply and demand dynamics and drove the diamond prices. This was as a result of massive diamond discovery in South Africa.

7 0
3 years ago
Pine uses Starbucks as an example to illustrate how price points change as consumers move from purchasing a simple product to pu
qwelly [4]

Answer:

1

Explanation:

Pine uses Starbucks as an example to illustrate how price points change as consumers move from purchasing a simple product to purchasing an experience. Explain what happens to the cost for the customer as these stages progress

7 0
3 years ago
Read 2 more answers
What steps were taken to create a spear
gizmo_the_mogwai [7]
Here are some ways to make a spear Acquire a branch and/or pole.<span> When searching for a pole to make your spear, you’ll want something at least as tall as you. Ideally it would be a few inches taller in order to give you a better reach</span> <span><span>Hardwoods, such as ash or oak, are best for this project. To sharpen your spear, find some sort of rough surface such as stone, or a brick wall/ sidewalk. Rub it against the surface and sharpen it well </span><span>If you are making a spear in the wilderness, search surrounding areas for a sapling of the right size. You can choose to use live wood or a recently deceased tree, whatever is available </span></span>Using a knife or a small hand-axe, carefully fashion a point on one end of your pole or branch. <span> Once you are satisfied with the point of your spear hold the sharpened end just above the flames, turning until you see the wood change color. Continue turning over the fire until the entire point is completely baked</span><span> hope this helped</span>
4 0
3 years ago
ways in which young people could be empowered to address racial discrimination in the school environment​
Ulleksa [173]

Answer:

Encourage them to address this kind of stuff ig. Also try to explain how to address racial discrimination in the correct way without getting anybody hurt verbally or physically.

7 0
3 years ago
Gender __________ are social expectations for how an individual should behave based on gender assignment.
lora16 [44]
I believe it is "roles".
3 0
3 years ago
Read 2 more answers
Other questions:
  • According to momentary maximization theory, in a concurrent vi vi situation, a subject will _____.
    13·1 answer
  • Linda talks about her athletic abilities every chance she gets but responds harshly to criticism. Which of the following disorde
    11·2 answers
  • Samantha has a mental model of how a date with her boyfriend ought to transpire. thus, samantha has a(n) _________________ for a
    12·2 answers
  • Who all received expanded voting rights during andrew jackson presidency?
    7·1 answer
  • Which of the following is not a benefit of federalism?
    11·1 answer
  • As a result of conflicts in armenia,
    11·1 answer
  • Whoever answers this correctly gets brainliest and 50 points
    6·1 answer
  • Which factor contributed to the establishment of the transatlantic slave trade?
    9·1 answer
  • शिक्षाको महत्त्व उल्लेख गर्नुहोस्​
    11·2 answers
  • Which of these do economists consider to be the most complete and accurate measure of the aggregate economy?
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!