Question

In: Economics

A positive statement is: a) based upon what can be demonstrated to be true. b) can...

A positive statement is:

a) based upon what can be demonstrated to be true.

b) can be shown to be correct or incorrect.

c) a value judgement.

Solutions

Expert Solution

Positive statements are objective statements that can be tested , amended or rejected by referring to the available evidence .A positive statement is one that is objective and is based on facts , can be shown to be correct or incorrect. Hence, option(B) is correct.


Related Solutions

Based on the confusion matrix what would be the answer? True Positive equals 40, false positive...
Based on the confusion matrix what would be the answer? True Positive equals 40, false positive equals 30, false negative equals 10, true negative equals 60
What are some accounts in the income statement that can distort the true earning of the...
What are some accounts in the income statement that can distort the true earning of the company? How does debt affect the the three cash flow statements? How does debt impact all 3 financial statements? If you have two companies, one uses FIFO and the other FIFO, which of the two has the most income and which has the most expenses? How does a convertible bond that turns into equity affect the three financial statements
What is the difference between a normative statement and a positive statement?
What is the difference between a normative statement and a positive statement?
This simulation question available sources is based upon a true set of facts. The information contained...
This simulation question available sources is based upon a true set of facts. The information contained in the simulation question was What is the Relationship Between the Fraud Triangle and Financial Statement Fraud? - Required First, search the Internet or refer to textbooks to learn as much as you can about the Fraud Triangle. Then, answer the following: 2. How can the Fraud Triangle detect/prevent financial statement fraud? Discuss how each of the three elements of the Fraud Triangle can...
Write A if both statements are true. Write B if the first statement is true and...
Write A if both statements are true. Write B if the first statement is true and the second statement is false. Write C if the first statement is false and the second is true. Write D if both statements are false. a. Asset diversification results in the reduction of asset variance, compared with a simple linear combination of the variances, that comes from holding two or more assets held in the portfolio, provided that these asset’s returns are not perfectly,...
True or false? If there's a positive correlation between two events A and B then there...
True or false? If there's a positive correlation between two events A and B then there are two possible underlying stories behind this correlation: B cause A; two, A causes B.
how can active listening be demonstrated
how can active listening be demonstrated
Upon completion of this exercise, you will have demonstrated the ability to: Use C# loops Construct...
Upon completion of this exercise, you will have demonstrated the ability to: Use C# loops Construct conditions INTRODUCTION Your instructor will assign one of the following projects, each involves the user of loops and the construction of conditions to control them. CODING STANDARDS The following coding standards must be followed when developing your program: An opening documentation at the beginning of the source file describing the purpose, input, process, output, author, last modified date of the program. Write only one...
OBJECTIVE Upon completion of this exercise, you will have demonstrated the ability to: Use C# loops...
OBJECTIVE Upon completion of this exercise, you will have demonstrated the ability to: Use C# loops Construct conditions INTRODUCTION Your instructor will assign one of the following projects, each involves the user of loops and the construction of conditions to control them. CODING STANDARDS The following coding standards must be followed when developing your program: An opening documentation at the beginning of the source file describing the purpose, input, process, output, author, last modified date of the program. Write only...
What positive roles can a Monopolist play under the influence of Islamic spirit? 4 b) Can...
What positive roles can a Monopolist play under the influence of Islamic spirit? 4 b) Can monopoly bring desirable solutions in societies having an inequitable distribution of income? Explain. How does ‘Expected Desirable Income Hypothesis’ shape the consumption pattern of Islamic society?
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT