Which of the following two statements involves positive economic analysis and which normative? how do the two kinds of analysis differ? statement #1: gasoline rationing (allocating to each individual a maximum amount of gasoline that can be purchased each year) is poor social policy because it interferes with the workings of the competitive market system. this statement involves a. positive analysis because it makes a value judgment. b. positive analysis because it states what the effect of gasoline rationing is. c. positive analysis because it states what the effect of gasoline rationing is and normative analysis because it makes a value judgment about the desirability of the rationing policy. d. normative analysis because it describes what gasoline policy ought to be.
Solved
Show answers
More tips
- W Work and Career How to Start Your Own Business: Tips and Recommendations...
- S Society and Politics 10 Tips for Boosting Your Self-Esteem...
- C Computers and Internet How to Create a Folder on Your iPhone?...
- G Goods and services How to sew a ribbon: Tips for beginners...
- F Food and Cooking How to Make Mayonnaise at Home? Secrets of Homemade Mayonnaise...
- C Computers and Internet Which Phone is Best for Internet Surfing?...
- F Food and Cooking Everything You Need to Know About Pasta...
- C Computers and Internet How to Choose a Monitor?...
- H Horoscopes, Magic, Divination Where Did Tarot Cards Come From?...
Answers on questions: Business
- B Business Describe analytics models and data that could be used to make good recommendations to the power company. here are some questions to consider: • the bottom-line question is...
- B Business The maxit corporation has a standard costing system in which variable manufacturing overhead is assigned to production on the basis of standard machine-hours. the following...
- B Business Riverbed corporation incurred the following costs while manufacturing its product. materials used in product $126,100 advertising expense $53,400 depreciation on plant 70,700...
- B Business Dallavalle corporation manufactures and sells one product. the following information pertains to the company’s first year of operations: variable costs per unit: direct materials...
- B Business Acton corporation, which applies manufacturing overhead on the basis of machine-hours, has provided the following data for its most recent year of operations. estimated manufacturing...
- B Business Super saver groceries purchased store equipment for $29,500. super saver estimates that at the end of its 10-year service life, the equipment will be worth $3,500. during...
- B Business Buffalo company manufactures equipment. buffalo’s products range from simple automated machinery to complex systems containing numerous components. unit selling prices range...
- B Business The gallup organization has conducted polls identifying large percentages of employees who are sleepwalking through their workday and are not passionate about their work....
- B Business Why are overstated reserves sometimes referred to as cookie jar reserves? a. companies involved in mergers or acquisitions overstate their liabilities by creating cookie jar...
- B Business When motorola first entered the mexican marketplace, the company wanted direct control of salespeople in major urban markets but was not as concerned about control in less...
Ответ:
C. To demonstrate that people support the concept of taxation more than borrowing.
Explanation:
I could be wrong But C makes the most sense. I hope that helps