Multiple Choice
Which of the following best explains how the Patient Protection and Affordable Care Act (PPACA) might conflict with traditional U.S. values of individualism and personal responsibility?
39
views
0. Basic Principles of Economics
Positive and Normative Analysis
Back0. Basic Principles of Economics
Positive and Normative Analysis
- Multiple ChoiceWhich of the following is a positive incentive for domestic producers?50views
- Multiple ChoiceWhich of the following is most likely to occur in a market economy without a strong legal system?44views
- Multiple ChoiceAccording to some economists, which of the following is considered a positive effect of mild inflation?47views
- Multiple ChoiceWhich of the following is true of an economic model?50views
- Multiple ChoiceSuppose a government increases the minimum wage. Which is the most reasonable prediction from a positive analysis perspective?43views
- Multiple ChoiceWhich of the following pairs best represent models used in the study of economics?30views
- Multiple ChoiceWhich of the following is NOT true about economic models?42views
- Multiple ChoiceWhich type of statements about the future are particularly important for firms to consider when making decisions?48views
- Multiple ChoiceThe organizational structure of both political parties reflects which of the following concepts?35views
- Multiple ChoiceWhich of the following best describes a difference between communism and socialism, as discussed in positive and normative analysis?77views
- Multiple ChoiceA normative statement reflects opinions or beliefs, while a positive statement:62views
- Multiple ChoiceWhich of the following best describes a positive statement in economics?49views
- Multiple ChoiceWhen a firm's static fit does not match the competitive reality, the firm experiences strategic:35views
- Multiple ChoiceIf the financial markets are efficient, then:38views