Which statement makes use of positive analysis?
A) Rent-controlled apartments create a black market in the supply of housing.
B) Rent control is better than free market rental.
C) Apartments are too costly in New York City.
D) Landlords in Seattle should be able to charge any rental price they want.
Correct Answer:
Verified
Q146: Which statement makes use of positive analysis?
A)The
Q147: Which statement makes use of normative analysis?
A)The
Q148: Which statement makes use of normative analysis?
A)The
Q149: "The current trade deficit of $350 billion
Q150: "The current trade deficit is $350 billion."
Q152: Which statement is normative?
A)Scientists should not make
Q153: Positive analysis is about:
A)what is.
B)the normalizing assumptions
Q154: Positive analysis in economics:
A)makes prescriptions about how
Q155: Normative analysis in economics:
A)makes prescriptions about how
Q156: (Figure: Monthly Demand for Potato Chips) The
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents