Top Posters
Since Sunday
c
6
r
4
c
3
m
3
h
3
1
3
n
3
s
3
d
3
c
3
a
3
r
3
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
AndrewKraus AndrewKraus
wrote...
Go to Answer
Posts: 1170
Rep: 0 0
7 years ago
Classify the following as positive economics statements or normative economics statements.
a)   An increase in an individual's income increases consumption, but by an amount less than the increase in income.
b)   The government should undertake the responsibility of providing healthcare to all its citizens.
c)   A trade deficit can be advantageous to an economy.
d)   An increase in net exports has a positive effect on a country's national income.
e)   The gross domestic product of India is increasing at 5% annually.
Textbook 
Microeconomics

Microeconomics


Edition: 1st
Authors:
Read 149 times
2 Replies
Replies
Answer verified by a subject expert
losteinlostein
wrote...
#1
Top Poster
Posts: 583
Rep: 31 0
7 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
This verified answer contains over 110 words.
1
Only I can change my life. No one can do it for me.

Related Topics

AndrewKraus Author
wrote...
#2
7 years ago
I'll share this with my friends, thank you for being there
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1167 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 365
  
 449
  
 3460
Your Opinion
What's your favorite coffee beverage?
Votes: 303
Previous poll results: Does a gender wage gap exist in America?