Which statement is an example of positive economics?
A) A free market in kidneys would end the shortage of kidneys.
B) People should not sell organs for profit.
C) The United States should not trade with countries with human rights abuses.
D) All three of these statements are examples of positive economics.
Correct Answer:
Verified
Q2: In a now infamous leaked memo, Larry
Q3: Which is a normative economic statement?
A) Tests
Q4: Which is a positive economic statement?
A) Raising
Q5: Which is a normative economic statement?
A) Raising
Q6: Gary Becker, a Nobel Prize-winning economist, argued
Q8: The difference between positive and normative economics
Q9: Which is a positive economic statement?
A) Shortages
Q10: Which is a positive economic statement?
A) The
Q11: Normative economics is about:
A) verifying and confirming
Q12: Positive economics is:
A) about morals and values.
B)
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