Answer: Option(b) is correct
Explanation:
Positive economics is the field where economy is studied and analysed without predicting about its judgement in terms of goodness or badness. This theory defines about cause and effect that causes economic processes and behavior.
Other options are incorrect because operation of federal government and price level is not set by positive economics also does not describe value decisions and expectation about economy should operate. Thus, the correct option is option(b) .
Answer:
April 18–19: Considered by many to be the beginning of the actual American Revolution, the Battles of Lexington and Concord begin with the British heading to destroy a colonial arms depot in Concord Massachusetts.
Explanation:
<span>There are several terms that are indicative of the tendency to get away from the unknown, including:
Aversion to ambiguity
Clustering illusion
Anchoring and adjustment
Recency bias
Availability bias</span>