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
a_sh-v [17]
3 years ago
7

Matt observes that "there is a high correlation between educational attainment and the level of income." Jean concurs and adds t

hat "high school graduates should all proceed to college":_________.a. Both Matt's and Jean's statements are normative b. Matt's statement is normative while Jean's statement is positive c. Both Matt's and Jean's statements are positive d. Matt's statement is positive while Jean's statement is normative
Business
1 answer:
lianna [129]3 years ago
7 0

Answer:

d. Matt's statement is positive while Jean's statement is normative

Explanation:

A positive statement can be defined as any statement that is typically based on empirical evidence and as such can be tested, proven and verified. Also, a positive statement can be amended or rejected based on evidences that are available.

On the other hand, a normative statement can be defined as any statement that can't be tested, proven or verified because it is judgmental and based on opinions.

In this scenario, Matt observes that "there is a high correlation between educational attainment and the level of income." Jean concurs and adds that "high school graduates should all proceed to college"

Hence, Matt's statement is positive because it is an observation based on empirical evidence while Jean's statement is normative because it's simply his opinion or a value judgment.

You might be interested in
Mika has borrowed $5,000 from her cousin Jun and not repaid it. Now, Mika is selling her house to Jun’s nephew, Cheong. As Mika
hram777 [196]

Answer:

Jun's pressure and influence has invalidated Mika's consent.

Explanation:

By threatening Mika with prosecution if she doesn't set a discount for the sale of her house on the grounds of her debt to her, she has influenced Jun's consent or rather coerced it and therefore Mika's consent is invalidated in the agreement. Consent is free under law if contract and should be given under undue influence, duress or any other vitiating factor that will render the contract null and void such as the example above

3 0
4 years ago
Coronado Company purchased equipment and these costs were incurred: Cash price $64600 Sales taxes 4000 Insurance during transit
worty [1.4K]

Answer:

$70,050

Explanation:

The computation of the acquisition cost of the equipment is shown below:

= Cash price + sales tax + insurance during transit + installation and testing

= $64,600 + $4,000 + $610 + $840

= $70,050

We simply added the all given cost as it is included in the acquisition cost and the same is to be considered

Hence, the acquisition cost is $70,050

5 0
4 years ago
How is the dual credit program different from the AP program?
olga55 [171]

AP courses are part of the College Board organization that requires students to take a rigorous test at the end of the course to potentially earn college credit. A dual credit course on the other hand is an official course at Loyola University Chicago.

3 0
4 years ago
Read 2 more answers
Your firm invested $2,500,000 in 190-day commercial paper today. At the end of the investment period (in 190 days) the firm will
Elena L [17]

Answer:

3.70%

Explanation:

Data given in the question

Invested amount = $2,500,000

Received amount = $2,592,400

Number of days of commercial paper = 190

So, the holding period rate of return is

= (Received amount - invested amount) ÷ (Invested amount)

= ($2,592,400 - $2,500,000) ÷ ($2,500,000)

= ($92,400) ÷ ($2,500,000)

= 3.70%

It could be expressed in percentage only

3 0
4 years ago
Discuss important factors that affect pay levels in a business.
Alex_Xolod [135]

some people work hard but there boss don't pay what they really earned

8 0
4 years ago
Other questions:
  • Which of the following statements is CORRECT? a. The DCF model is preferred by academics and finance practitioners over other co
    10·1 answer
  • On April 1, Wildhorse Company borrows $120,000 from West Bank by signing a 6-month, 6%, interest-bearing note. Prepare the neces
    5·1 answer
  • Identify the theorist(s) known for positing that just as there are barriers to achieving legitimate success, there are also barr
    13·1 answer
  • What does the process of designing marketing channels start​ with?
    11·1 answer
  • Huron Investments issues $1 million in 13.250% bonds maturing August 11, 2028. The bond is callable August 11, 2023 at a call pr
    15·1 answer
  • In Shady Company, materials are entered at the beginning of each process. Work in process inventories, with the percentage of wo
    13·1 answer
  • Managers feel confident that they can understand, predict, and react to the external forces affecting their businesses when:____
    11·1 answer
  • Suppose that increases in the money supply lead to a rise in stock prices. Should you go out and buy​ stocks? A. You should buy
    14·1 answer
  • Liabilities are $130,000 and equity is $226,000. What are total assets?
    7·1 answer
  • True or False: Some nonactivists believe in a predetermined-money growth rate, which suggests that the monetary authorities shou
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!