Chapter 1—Economics: The World Around You

OBJ: Ch 1, 3 TOP: Positive / normative analysis TYP: Factual. 25. Positive economics is the study of how people and institutions should behave. ANS: F PTS: 1 DIF: Medium REF: Ch 1, 3.a. OBJ: Ch 1, 3 TOP: Positive / normative analysis TYP: Factual. 26. "The government should tax health benefit to reduce budget deficit." This is a positive statement. ................
................

In order to avoid copyright disputes, this page is only a partial summary.