Positive economic analysis ________.

compares the desirability of alternative government policy outcomes

No worries! We‘ve got your back. Try BYJU‘S free classes today!

provides a framework within which we can study how some groups are better off than others.

No worries! We‘ve got your back. Try BYJU‘S free classes today!

analyzes the sources of improvements in the standard of living that result from favourable government policies.

No worries! We‘ve got your back. Try BYJU‘S free classes today!

is based on observed cause and effect relationships in the economy.

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

Open in App

Solution

The correct option is D is based on observed cause and effect relationships in the economy.
Positive economic analysis is based on observed and experimented facts which yields cause and effect relationship, that is verifiable.

Suggest Corrections

Similar questions

Q. Which of the following helps a Government frame its monetary and fiscal policies to enhance the economic growth of the economy and achieve a favourable foreign exchange rate?

Q. ____________ economic analysis, generally ignores the effects of "intervention policy" of the Government.

Recently, many companies have planned for major investment in retail business. Increasing incomes, rise in living standards, government policy of liberalisation and its favourable attitude towards modernisation has favoured their decision.

Identify the various dimensions of business environment and explain their effect on business.

Q. Which is a class of ideologies that favour an economic system in which most productive resources are the property of the government?

Q. The government in a mixed economy seeks to control price mechanism through which of the following policies?

Join BYJU'S Learning Program

Positive economic analysis ________.

The correct option is D is based on observed cause and effect relationships in the economy.Positive economic analysis is based on observed and experimented facts which yields cause and effect relationship, that is verifiable.

The correct option is D is based on observed cause and effect relationships in the economy.
Positive economic analysis is based on observed and experimented facts which yields cause and effect relationship, that is verifiable.