3 years ago

The following table contains statements that provide some analysis of policies that address globalization.

Business

1 answer:

Dimas [21]3 years ago

6 0

Answer:

Positive statement

Normative statement

Positive statement

Normative statement

Explanation:

Positive Economics is objective and statements are usually based on facts and economic theory. They can be tested.

For example, -In the past decade, U.S. companies have outsourced millions of jobs overseas - is a statement that can be verified with data

Normative economics is based value judgements, opinions and perspectives. For example, -Companies that outsource jobs are acting immorally - is subject to opinion. Some would agree and some would not

You might be interested in

Henry is an economist and wants to understand the relationship between inflation and consumer spending habits. For his research,

alexandr402 [8]

Answer:

2014 CPI= 101.5

2013 CPI= 100.8333333

2014 Inflation Rate= 0.66%

Explanation:

Consumer Price Index (CPI):

The index is calculated by taking the price of the basket in one year and dividing it by the price of the basket in another year. This ratio is then multiplied by 100.

Basket Price:

is the sum of the product of the quantitys and prices of the goods thata compose the basket for any given year.

Inflation Rate:

CPI (x+1) - CPI (x)

_____________

CPI (x)

5 0

4 years ago

Direct Method Question (2026, Current Period): 2026 2025 A/R 49,000 23,000 Prepaid Insurance 15,000 3,000 Salaries Payable 13,00

hammer [34]

Answer:

$49,000

Explanation:

Missing"Cash Event => Cash Paid for Salaries Second Number => _____ __?___, ______ ______ ______"

Cash paid for salaries (using direct method)

Particulars Amount

Opening salaries payable $5,000

Add: Salaries expense for the current year $57,000

Less: Closing salaries payable $13,000

Cash paid for salaries during current year $49,000

4 0

3 years ago

Trade deficits usually occur when crops are in short supply. O True O False

FromTheMoon [43]

I think the answer is true, but if I’m wrong sorry

5 0

3 years ago

Describe a real or made up but realistic example of a product that went through a time of scarcity, when demand was greater than

Sidana [21]

A car a bed or a bathtub

8 0

4 years ago

Read 2 more answers

Suppose that two things happen simultaneously in the market for fish. First, a new technology allows fishing boats to catch more

german

Number 1 = decrease
number 2= have an ambiguous change

3 0

3 years ago