Positive Economics Differs from Normative Economics in That

question 21

Multiple Choice

Positive economics differs from normative economics in that:

• A)positive economics involves subjective outcomes.
• B)positive economics deals with propositions that can be tested.
• C)normative economics involves economic theory.
• D)normative economics can be proved correct or incorrect.

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Definitions:

Trembling

Involuntary, uncontrollable, slight, rapid movements of a part of the body, typically as a result of emotional tension, physical weakness, or illness.

Concordance Rate

The probability that two individuals with shared genes will develop the same disease or trait.

Psychological Disorders

Conditions characterized by abnormal thoughts, behaviors, and feelings that may cause significant distress or impairment in daily life.

Biological Factors

Components of an organism's makeup, including genetic, neurochemical, and physical attributes, that affect its behavior and health.