Which of the following is true of positive analysis?
A) It draws on accepted bodies of theory and evidence to ascertain the likely consequences of a policy or action.
B) It is always used to evaluate proposed policy changes in the most positive way.
C) It is sufficient to determine whether a policy is desirable or undesirable.
D) It claims that the impact of policies cannot be quantified.
Correct Answer:
Verified
Q2: Which of the following is generally considered
Q3: What does the consumer price index measure?
A)The
Q4: Which of the following best describes the
Q5: Economic theory:
A)can determine which public policy is
Q6: If the nominal price of apples has
Q7: Which of the following steps in evaluating
Q8: The test of a theory is whether:
A)its
Q9: Positive economic analysis utilizes:
A)value judgments of highly
Q10: Which of the following is a positive
Q11: Which of the following economic decisions is
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