Positive Economics

question 31

Multiple Choice

Positive economics:

• A)describes opinions and perspectives on how the world should work.
• B)is based on opinion polls.
• C)describes how the world does work.
• D)is the same as normative economics.

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Definitions:

Large Servings

Portions of food or drink that are significantly larger than the standard or regular serving size.

Gallon Conversion

The process of converting gallons, a unit of liquid volume, to other units of measurement like liters or cubic meters.

Finishing Touches

The final details or actions that complete and perfect a project or product.

Bicycles Per Hour

A measurement rate indicating the number of bicycles being produced, assembled, or sold within an hour.