During the presidential campaigns, the candidates from each party typically describe their plans to maintain or change federal taxes on personal and business income. Are these policy statements generally positive or normative?
A) Positive
B) Normative
C) Both positive and normative
D) Neither positive or normative
B
You might also like to view...
Sanjay has an ATV that he values at $3,000. Marilu is looking for a similar ATV but will only pay up to $2,400
Will trade between these two occur? Is there a policy government could implement that would encourage a trade to occur between Sanjay and Marilu? If so, what is that policy and will the policy make society richer?
Which of the following is an example of a public good?
a. Pizzas b. A crowded bus stop c. National Defense d. Cable television
Because money __________________, people are _________________ likely to specialize in their work in a money economy
A) is a store of value; less B) eliminates the double coincidence of wants; more C) is a unit of account; more D) eliminates the need for holdings of precious metals; more
Information privacy includes both the right to prohibit certain information from being collected by either governments or businesses, and the right to: