Positive Economics Is A(n)

question 84

Multiple Choice

Positive economics is a(n) :

• A) reflection of a country's values.
• B) judgment of the correctness of an economic outcome.
• C) statement of fact.
• D) analysis of what ought to be.
• E) analysis of all the good market outcomes.

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Definitions:

Standard Line

Often refers to a commonly accepted benchmark or norm within a given context, such as manufacturing, testing, or evaluating outcomes.

Credibility

The quality or power of inspiring belief; how trustworthy or believable a person, organization, or piece of information is perceived to be.

Likability

The quality or state of being pleasant, agreeable, and easy to enjoy, often influencing social acceptance and interpersonal relationships.

Salesperson

An individual who sells goods or services to customers for a living, often directly interacting with the buyers.