How are positive analysis and normative analysis similar?
a. Both use testable statements.
b. Both deal with future concerns.
c. Both use ethical values.
d. Both deal with past events.
b. Both deal with future concerns.
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Refer to the scenario above. Which country is likely to have lowest life expectancy at birth?
A) Eduland B) Techland C) Neoland D) Ritzland
The Vuvuza Corporation currently has 10 million shares of stock outstanding, the stock is trading for $42 per share, and its stock of capital goods is valued at $70 million. The Tobin's q value for the Vuvuza Corporation is
A) 0.14. B) 1.7. C) 6. D) 7.
If a flat tax plan allowed individuals to deduct a standard allowance of $15,000 and the flat tax rate was 10 percent, an individual earning $12,000 a year would not pay any income taxes
a. True b. False Indicate whether the statement is true or false
A supply-side economist would stress which of the following attributes of fiscal policy?
a. the impact of marginal tax rates on the supply and productivity of resources b. the impact of government spending on aggregate demand, output, and employment c. the impact of budget deficits on interest rates and aggregate demand d. the impact of budget deficits on the rate of taxation in the future