Economic problem of increase employment in Positive Economic

I need a good answer on the topic of Economic problems. Please give me your suggestion that the concept that restricting steel imports will increase employment within the steel industry that is a: (w) normative argument. (x) Positive argument, since the idea can be tested for its falsity or truth. (y) generally accepted bit of common sense. (z) purely macroeconomic matter.

How can I solve my economic problem of the Positive Economics? Please suggest me the perfect answer.

View Complete Question

Related Questions in Public Economics

Q : Administrative estimations of peoples

The requirement criterion of distribution usually entails: (1) Greater production incentives than the other systems. (2) Much difficult administrative estimations of people's requirements. (3) Generation of extreme pollution. (4) Dividing national inc

Q : Comparative Systems-Socialism I have a

I have a problem in economics on Comparative Systems- Socialism. Please help me in the following question. From roughly 1890 till year1990 or thus, the main challenger of capitalism was: (1) Monarchy. (2) Fascism. (3) Socialism. (4) Anarchism.

Q : Democratic governments exercise partial

The democratic governments exercise partial control on markets primarily through: (1) Marketing resources it owns. (2) Intimidation. (3) Negotiation. (4) Taxes and regulations. Can someone please help me in finding

Q : Explain about the normative economics

Please suggest me how to solve the problem of normative economics that is given below: Normative economics is: (w) a description of how the economy works. (x) based upon empirical studies. (y) concerned along with

Q : Explain about the term whom in

The fundamental economic questions are "What?”, “How?”, and “For whom”? When we ask, "For whom?", we need to know who will: (w) produce the goods. (x) consume the goods. (y) get the profits. (z) decide wh

Q : What does an unessential complicated

Unessential complicated theories violate: (w) common sense. (x) the principle of nonsatiety. (y) the laws of demand and supply. (z) Occam's razor. Please gues I really need one good answer from the above options.

Q : Influence of decisions on consumers

Consumer’s preferences tend to be most proficiently met whenever decisions are made: (1) Individually. (2) Through democratic voting. (3) In command economy. (4) To share out income according to requirement. What is the right

Q : Predictable outcome droughts in market

The predictable outcome of the 2001 to 2002 droughts within the U.S. farm belt was to: (w) raise the price and quantity of farm goods sold. (x) stimulate exports of U.S. wheat. (y) reduce the supplies, and increase the prices of farm goods. (z) boost demands and price

Q : When recently develope theory least

Recently developed theory is least probable to evolve in common sense when this fails to: (i) conform to the principle of Occam’s razor. (ii) be consistent along with extensively-accepted previous theories. (iii) have realistic assumptions. (iv) accurately descr

Q : Define the economic theories Economic

Economic theories are: (w) true with definition. (x) generally excellent in theory but wrong during practice. (y) made up of generalizations regarding economic behavior. (z) normative, whereas economic policy is more positive.

Discover Q & A

Leading Solution Library

Avail More Than 1414841 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads

No hassle, Instant Access

Start Discovering

18,76,764

1939782
Asked

3,689

Active Tutors

1414841

Questions
Answered

Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!

Submit Assignment