The statement that it costs $88.00 per credit to register for CSN lower-division classes is an example of:

A. scarcity.

B. a command-based economy.

C. nationalization.

D. positive economics.

E. normative economics.

answer

watching

112

views

For unlimited access to Homework Help, a Homework+ subscription is required.

You have 0 free answers left.
Get unlimited access to 3.8 million step-by-step answers.

Get unlimited access

Already have an account? Log in

Joshua StredderLv10

2 Nov 2020

Unlock all answers

Get 1 free homework help answer.

Already have an account? Log in

Related questions

5) 5) The branch of economics that studies the economy as a whole is called A) normative economics. B) macroeconomics. C positive economics. D) Keynesian economics. E) microeconomics.

1) The fact that human wants cannot be fully satisfied with available resources is called the problem of A) scarcity. B) marginal cost. C) the big tradeoff. D) normative economics. E) opportunity cost.

Explain the difference between positive and normative economics and how this affects ethical decision making.

Briefly define the following two terms in your own words: Positive economics Normative economics

For the sake of argument assume that global warming is a fact, caused by human activity and that it can be fixed by taxing producers for the amount of carbon they release. The problem is that this tax would greatly increase costs for everyone. How would this situation be described in terms of Positive economics? How would this situation be described in terms of Normative economics? Which of these do you think is the correct way to describe this situation and why?