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Naily [24]
2 years ago
7

positive economics ______ value judgments, tries to establish ______ statements about economic behavior, and deals with ______ e

conomic events.
Business
1 answer:
lions [1.4K]2 years ago
7 0

Positive economics avoids value judgments, tries to establish scientific statements about economic behavior, and deals with actual economic events.

<h3>What is positive economics?</h3>

This is an objective analysis that is done in the field of economics. This branch of economics is one that has to do with:

  • description
  • explanation
  • quantification of different phenomena in the field of economics.

It is more focused on facts and also on cause and effect relationships on economic behaviors.

Read more on positive economics here:

brainly.com/question/14300080

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The country of Baurisia has, until now, been self-sufficient in both grain and meat. However, with growing prosperity in Baurisi
Rina8888 [55]

Answer:<em> Option (D) is correct </em>

Explanation:

To weaken the conclusion, the answer will emphasize on why Baurisia will not soon become an importer of grain.  

Here, in this case if importing meat is cheaper than importing grain, then Baurisia is likely to satisfy the demand for meat by becoming an importer of meat, weakening the conclusion that Baurisia will soon become an importer of grain.  

<em>Therefore , It is more economical for Baurisians to import meat than grain, if true, most seriously weakens the argument.</em>

7 0
3 years ago
Consider three closed economies. In the first economy, households spend $0.50 of each additional dollar they earn and save the r
aleksklad [387]

Answer:

b. In the first economy, the spending multiplier is greater than in the second economy. In the third economy, the spending multiplier is undefined

Explanation:

This can be easily understood by going through some calculations in a spending multiplier formula.

WORKINGS

The formula for Spending Multiplier = \frac{1}{MPS}

Spending Multiplier

Economy 1: Multiplier = \frac{1}{0.5} = 2

Economy 2: Multiplier = \frac{1}{1} = 1

Economy 3: Multiplier = \frac{1}{0} = undefined

Note: MPS can be abbreviated as Marginal propensity to save

As we can see here economy 1 is 50% greater than economy 2 and economy 3 is undefined because they spend whole dollar they earn additionally.

On behalf of the above calculations,  option B is a perfect match!

4 0
3 years ago
Which term best describes the business activity that occurs when website visitors buy products or services from you online?
SVEN [57.7K]

Answer:

The answer is E-commerce

Explanation:

Nowadays, trade can occur anywhere, in the market or from the corner of your room.

The act of buying and selling goods and services through the internet is known as E-commerce. For example, Amazon. Amazon sells products through internet. Customers visit their website, search for what interests them and pay for it online through credit card or master card or might decide to pay on delivery of the product.

5 0
3 years ago
A mass refusal to buy products from certain employers or companies.
xeze [42]
B) boycott

I remember learning about it in the 5th grade
6 0
3 years ago
Match the accounting terminology to the definitions (Click the icon to view the definitions.)
Volgvan

Answer:

a. Accounting.

b. Certified public accountants.

c. Creditor.

d. Managerial accounting.

e. Certified management accountants.

f. Financial accounting.

Explanation:

1. <u>Accounting</u>: information system that measures business activities, processes that information into reports, and communicates the results to decision makers.

2. <u>Certified public accountants</u>: professional accountants who serve the general public.

3. <u>Creditor</u>: person or business to whom a business owes money.

4. <u>Managerial accounting</u>: field of accounting that focuses on providing information for internal decision makers.

5. <u>Certified management accountants</u>: professionals who work for a single company.

6. <u>Financial accounting</u>: field of accounting that focuses on providing information for external decision makers.

7 0
2 years ago
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