In economics, positive statements are about
A) microeconomics, not macroeconomics.
B) the way things are.
C) macroeconomics, not microeconomics.
D) the way things ought to be.
Correct Answer:
Verified
Q104: Economic models
A) always use graphs.
B) simplify reality.
C)
Q105: Which of the following is a microeconomic
Q106: Which of the following is a positive
Q107: The slope of a line equals the
A)
Q108: The loss of the highest- valued alternative
Q111: Q112: Entrepreneurs directly do all of the following Q113: An incentive Q114: Differences in income are most directly related Q310: ![]()
A) is neither a reward nor![]()
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