Which of the Following Statements About Positive Economic Analysis Is

question 111

Multiple Choice

Which of the following statements about positive economic analysis is true?

• A)Positive analysis uses an economic model to estimate the costs and benefits of different course of actions.
• B)There is much less disagreement among economists over normative economic analysis than over positive economic analysis.
• C)There is much more disagreement among economists over positive economic analysis than over normative economic analysis.
• D)Unlike positive economic analysis,normative economic analysis can be tested.

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Definitions:

Andrew Jackson

The seventh President of the United States (1829–1837), known for his populist approach and policies, including the Indian Removal Act.

Dred Scott Decision

The Dred Scott Decision was a controversial 1857 U.S. Supreme Court ruling that declared African Americans, whether enslaved or free, could not be American citizens and had no standing to sue in federal court.

Slave Power

A term used to describe the perceived political power held by slave owners in the United States prior to the Civil War, influencing legislation and policy to protect and expand slavery.

Chief Justice Roger Taney

The fifth Chief Justice of the United States, known for his controversial decision in the Dred Scott v. Sandford case, which stated that African Americans could not be American citizens.