As a Subject, Positive Economics _____

question 14

Multiple Choice

As a subject, positive economics _____.

• A) is the technical and objective pursuit of economic understanding
• B) seeks to assert particular beliefs based on religion, race and economic background
• C) attempts to provide solutions to questions that are difficult to answer
• D) studies questions that are value laden and subjective

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Definitions:

Overwhelmed Feeling

A state of experiencing too much pressure or too many demands emotionally or mentally, making it difficult to cope.

Self-Centred Thinking

A mindset where an individual prioritizes their own needs and perspectives over those of others.

Refreezing Phase

The final step in the Lewin's change model where new behaviors or changes are solidified into the organization's culture, making them standard practice.

Performance-Contingent Rewards

Rewards or incentives that are given to employees based specifically on their performance or achievements.