(a) Positive statements and normative statements in the quote (b) Whether the policy is consistent with the preceding statements (c) Efficiency of policy from view point of Americans (d) Effect of policy on Asian workers. Positive and Normative Economics Positive economics construct its statements on the basis of objectivity and facts while normative economics construct its statements on the basis of personal judgment, interpretations and experiences.

Question

Want to see the full answer?

Answer 1

Question

Chapter 2, Problem 10P

To determine

(a) Positive statements and normative statements in the quote
(b) Whether the policy is consistent with the preceding statements
(c) Efficiency of policy from view point of Americans
(d) Effect of policy on Asian workers.

Positive and Normative Economics

Positive economics construct its statements on the basis of objectivity and facts while normative economics construct its statements on the basis of personal judgment, interpretations and experiences.

Expert Solution & Answer

Want to see the full answer?

Check out a sample textbook solution

See solution

Students have asked these similar questions

Solve please and thanks!

Solve please and thank you

NOT USE AI PLEASE

Answer 2

Question

Chapter 2, Problem 10P

To determine

(a) Positive statements and normative statements in the quote
(b) Whether the policy is consistent with the preceding statements
(c) Efficiency of policy from view point of Americans
(d) Effect of policy on Asian workers.

Positive and Normative Economics

Positive economics construct its statements on the basis of objectivity and facts while normative economics construct its statements on the basis of personal judgment, interpretations and experiences.

Expert Solution & Answer

Want to see the full answer?

Check out a sample textbook solution

See solution

Answer 3

Question

Chapter 2, Problem 10P

To determine

(a) Positive statements and normative statements in the quote
(b) Whether the policy is consistent with the preceding statements
(c) Efficiency of policy from view point of Americans
(d) Effect of policy on Asian workers.

Positive and Normative Economics

Positive economics construct its statements on the basis of objectivity and facts while normative economics construct its statements on the basis of personal judgment, interpretations and experiences.

Expert Solution & Answer

Want to see the full answer?

Check out a sample textbook solution

See solution

Answer 4

Question

Chapter 2, Problem 10P

To determine

(a) Positive statements and normative statements in the quote
(b) Whether the policy is consistent with the preceding statements
(c) Efficiency of policy from view point of Americans
(d) Effect of policy on Asian workers.

Positive and Normative Economics

Positive economics construct its statements on the basis of objectivity and facts while normative economics construct its statements on the basis of personal judgment, interpretations and experiences.

Expert Solution & Answer

Want to see the full answer?

Check out a sample textbook solution

See solution

Answer 5

Chapter 2, Problem 10P

To determine

(a) Positive statements and normative statements in the quote
(b) Whether the policy is consistent with the preceding statements
(c) Efficiency of policy from view point of Americans
(d) Effect of policy on Asian workers.

Positive and Normative Economics

Positive economics construct its statements on the basis of objectivity and facts while normative economics construct its statements on the basis of personal judgment, interpretations and experiences.

Answer 6

Chapter 2, Problem 10P

To determine

(a) Positive statements and normative statements in the quote
(b) Whether the policy is consistent with the preceding statements
(c) Efficiency of policy from view point of Americans
(d) Effect of policy on Asian workers.

Positive and Normative Economics

Positive economics construct its statements on the basis of objectivity and facts while normative economics construct its statements on the basis of personal judgment, interpretations and experiences.

Answer 7

Chapter 2, Problem 10P

To determine

(a) Positive statements and normative statements in the quote
(b) Whether the policy is consistent with the preceding statements
(c) Efficiency of policy from view point of Americans
(d) Effect of policy on Asian workers.

Positive and Normative Economics

Positive economics construct its statements on the basis of objectivity and facts while normative economics construct its statements on the basis of personal judgment, interpretations and experiences.

Answer 8

Expert Solution & Answer

Answer 9

Expert Solution & Answer

Answer 10

Want to see the full answer?

Check out a sample textbook solution

See solution

Answer 11

Ch. 2 - Prob. 1P Ch. 2 - Prob. 2P Ch. 2 - Prob. 3P Ch. 2 - Prob. 4P Ch. 2 - Prob. 5P Ch. 2 - Prob. 6P Ch. 2 - Prob. 7P Ch. 2 - Prob. 8P Ch. 2 - Prob. 9P Ch. 2 - Prob. 10P

Want to see the full answer?

Chapter 2 Solutions