In Economics, Positive Statements Are About

question 38

Multiple Choice

In economics, positive statements are about

• A) the way things ought to be.
• B) the way things are.
• C) macroeconomics, not microeconomics.
• D) microeconomics, not macroeconomics.

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Definitions:

Natural Selection

A fundamental mechanism of evolution where organisms better adapted to their environment tend to survive and produce more offspring.

Mental Processes

The internal, covert activities of the mind, such as thinking, feeling, and reasoning.

Ethology

The study of behaviors that are specific to a species.

Psychosexual Development

The process by which libidinal energy is expressed through different erogenous zones during different stages of development.