Business, 31.08.2021 01:00, kenken2583
Which of the following statements are TRUE? Positive economics focuses on the way the economy actually works. Normative economics involves value judgments. Positive economics is primarily based on value judgments Normative economics statements cannot be verified empirically (by observations). Positive economics statements cannot be verified empirically (by observations) Normative economics is based on the scientific method Normative economic assertions are defended by logical arguments based in generally accepted normative principles. Normative economics is just a matter of opinion so it need not be takes seriously.
Answers: 3
Business, 22.06.2019 20:50, payshencec21
Which of the statements best describes why the aggregate demand curve is downward sloping? an increase in the aggregate price level causes consumer and investment spending to fall, because consumer purchasing power decreases and money demand increases. as the aggregate price level increases, consumer expectations about the future change. as the aggregate price level decreases, the stock of existing physical capital increases. as a good's price increases, holding all else constant, the good's quantity demanded decreases.
Answers: 2
Business, 22.06.2019 21:40, supasavb99
Western electric has 32,000 shares of common stock outstanding at a price per share of $79 and a rate of return of 13.00 percent. the firm has 7,300 shares of 7.80 percent preferred stock outstanding at a price of $95.00 per share. the preferred stock has a par value of $100. the outstanding debt has a total face value of $404,000 and currently sells for 111 percent of face. the yield to maturity on the debt is 8.08 percent. what is the firm's weighted average cost of capital if the tax rate is 39 percent?
Answers: 2
Which of the following statements are TRUE? Positive economics focuses on the way the economy actual...
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