Statements about what policies should be adopted

Assignment Help Business Economics
Reference no: EM13852650

In evaluating the accuracy of their statements, should one distinguish between (i) economist’s descriptive statements, propositions, and predictions about the world, and (ii) their statements about what policies should be adopted. Explain in detail

Reference no: EM13852650

Questions Cloud

What sorts of external trends should irobot pay attention to : What sorts of external trends should iRobot pay attention to? Why? Also, would they have been better off working with an established vacuum cleaner manufacturer? Why or why not? Support your opinions
Calculate the present worth of the fuel cost : The cost of fuel for a smelting operation are expected to be $50000 in year three,$52500 in year four and amounts decreasing by 5% per year after through year ten. at interest rate of 8% per year, calculate the present worth of the fuel cost.
Calculate the present worth of the expenditures : Costs for maintenance of buildings at an industrial complex are expected to be $2000 in year three,$2500 in year four and amounts decreasing by $200 per year thereafter through year nine. at an interest rate of 10% per year, calculate the present wor..
Why was it more common for railroads and timber companies : Why was it more common for railroads and timber companies to provide health insurance in the early 1900s then for textile mills or accounting firms?
Statements about what policies should be adopted : In evaluating the accuracy of their statements, should one distinguish between (i) economist’s descriptive statements, propositions, and predictions about the world, and (ii) their statements about what policies should be adopted. Explain in detail
What are the organizations mission and vision : What are the organization's mission and vision? What are the organizations key values and what strategic planning model does your chosen organization currently use?
Describe how the sec is structured : Using the information available at the SEC's website or any other authoritative source, describe how the SEC is structured.
Paper that discusses accounting for partnerships : Prepare a written paper that discusses Accounting for Partnerships. Your paper may cover any subject area relating to Accounting for Partnerships.
Describing the pros and cons of the choice : Describing the pros and cons of the choice

Reviews

Write a Review

Business Economics Questions & Answers

  What are the differences between classical theory

Why does the slope of the aggregate supply curve change from the short run to the long run? What are the differences between classical theory and what Keynes believed?

  What would be the equilibrium value of total money stock

what is the value of the money multiplier given each of the following sets of values for CUR and RES? what would be the equilibrium value of total money stock assuming a monetary base of $10 trillion?

  Shooting for an early retirement

You take your first job out of college as an engineer with a salary of $58,000 per year. You decide to contribute $2,000 into your 401K retirement plan at the end of your first year (when you are 22 years old). If you continue to contribute annually,..

  Oil prices based on the supply and demand analysis

Examine the following variables that could affect the price of oil: Tax credits were offered for expenditures on home insulation. Choose any two of the above variables, and describe how your selections would affect oil prices based on the supply and ..

  Outflow of funds from any of the balance of payments account

Whenever there is an outflow of funds from any of the balance of payments accounts, it is recorded as a __________ , and called _______ .

  Makes this event pareto optimal

Harry values a new jacket at $100 and buys it from Jenny at $80 (costing her $70 to produce it). Jim then offers Harry the same jacket at $60. Harry buys the jacket from Jim, and stops buying it from Jenny. Which of the following makes this event Par..

  What would the equilibrium price and quantity be

What would the equilibrium price and quantity be? How much profit is made in the industry and by each firm?

  Illustrate what is production function

State and elucidate principle of diminishing marginal utility in relation to consumer demand. Illustrate what is production function and how is it relevant to a production manager.

  Determine the equilibrium price and quantity

Determine the equilibrium price and quantity. Outline the significant factors that could cause changes in supply and demand for the product

  Producer surplus is measured as the area

Producer surplus is measured as the area

  Relationship between consumption-savings-disposable income

What is there relationship between consumption, savings and disposable income!! Discuss any three non income factors that determine consumption and saving!!

  The total utility for water is higher than the total utility

The total utility for water is higher than the total utility for diamonds. You can explain the diamond-water paradox (that diamonds are expensive but not necessary for survival / not as useful, while water is inexpensive yet necessary for survival / ..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd