Question

The following table contains statements that provi

0 0
Add a comment Improve this question Transcribed image text
✔ Recommended Answer
Answer #1

Normative statements are those statement, which expresses some judge ments, not definite outcomes.

Taxes are too high. This is a normative statement.

In some circumstances, If taxes are lowered, government revenues actually increases. This is a positive statement.

It is immoral for a government to redistribute money from one person to another. This is a normative statement.

When the governmemt increases taxes, rates of tax evasion increase. This is a positive statement.

Add a comment
Know the answer?
Add Answer to:
The following table contains statements that provide some analysis of policies that address taxes. Categorize each...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Similar Homework Help Questions
  • The following table contains statements that provide some analysis of policies that address breast cancer. Categorize...

    The following table contains statements that provide some analysis of policies that address breast cancer. Categorize each of these statements as either positive or normative Positive Normative Statement Breast cancer is the fifth most common cause of cancer death For women aged 60 to 69, breast cancer screening significantly reduces breast cancer mortality Doctors should encourage women aged 60 to 69 to be screened for breast cancer. The government should force doctors to encourage women aged 60 to 69 to...

  • Answer all of them, please 1. Identifying types of resources Each item described in the table...

    Answer all of them, please 1. Identifying types of resources Each item described in the table falls into the resource category of labor, capital, or land. In the following table, choose the correct type of resource illustrated by each example Labor Capital Land A truck used by a delivery service company The ability to multitask, which is enhanced through college and internships A field used for crops, such as corn or wheat is an indicator of poverty generates the need...

  • QUESTION 1 Which of the following institutions plays no role in allocating resources in a modern...

    QUESTION 1 Which of the following institutions plays no role in allocating resources in a modern market-oriented economy? A. Households B. Firms C. Government D. Custom/Tradition E. All of the above play some role on allocating resources even in a modern market-oriented economy. 1 points QUESTION 2 Which of these terms describes the process of generating theories from individual facts? A. induction B. abstraction C. reduction D. calculation E. deduction 1 points QUESTION 3 Which of the following is a...

  • Match the following: 2. Adam Smith 3. Karl Marx 4. John Maynard Keynes Choices: (2 are...

    Match the following: 2. Adam Smith 3. Karl Marx 4. John Maynard Keynes Choices: (2 are not used.) a. invented capitalism b. invented socialism c. founder of modern macroeconomics d. founder of modern market economics e. predicted the end of capitalism 5. If a firm has trouble selling its good, it can a. lower price. b. increase demand. c. decrease supply. d. both a) and b) are correct. 6. People often pay too much for goods because they are not...

  • Match the following: Adam Smith David Ricardo John Maynard Keynes Choices: (2 are not used.) a....

    Match the following: Adam Smith David Ricardo John Maynard Keynes Choices: (2 are not used.) a. founder of modern market economics comparative advantage-argument for mutual benefits of international trade comparative advantage-emphasized job displacements of international trade founder of modern macroeconomics invented capitalism duo If a firm has trouble selling its good, it can lower price. increase demand. decrease supply. both a) and b) are correct. 6. People often pay too much for goods because they are not aware of which...

  • Summary should briefly analyze the central problems and issues of the case and provide some analysis...

    Summary should briefly analyze the central problems and issues of the case and provide some analysis and suggestions. Thank you. Lean Initiatives and Growth at Orlando Metering Company It was late August 2002 and Ed Cucinelli, vice president of Orlando Metering Company (OMC), sat in his office on a late Saturday morning. He had come in to prepare for some strategic planning meetings that were scheduled for the upcoming week. As he noticed the uncommon silence in the building, Ed...

  • Refer to the following financial statements and answer the following questions hints:- 13. cash provided (used)...

    Refer to the following financial statements and answer the following questions hints:- 13. cash provided (used) by operating activities, investing activities, and financing activities. 14. cash-based net income. 15. estimate of uncollectible accounts receivable. 16. calculate and interpret accounts receivable ratio (most recent and prior period). hints:- 2:12 PM Wed Apr 15 39%). A 51.04cdn.com PART II NIKE, Inc. Consolidated Statements of Income in mWors, except per share data) Revenues Cost of sales Gross profit Demand creation expense Operating overhead...

  • I need Summary of this Paper i dont need long summary i need What methodology they used , what is the purpose of this p...

    I need Summary of this Paper i dont need long summary i need What methodology they used , what is the purpose of this paper and some conclusions and contributes of this paper. I need this for my Finishing Project so i need this ASAP please ( IN 1-2-3 HOURS PLEASE !!!) Budgetary Policy and Economic Growth Errol D'Souza The share of capital expenditures in government expenditures has been slipping and the tax reforms have not yet improved the income...

  • 4. Perform a SWOT analysis for Fitbit. Based on your assessment of these, what are some strategic options for Fitbit go...

    4. Perform a SWOT analysis for Fitbit. Based on your assessment of these, what are some strategic options for Fitbit going forward? 5. Analyze the company’s financial performance. Do trends suggest that Fitbit’s strategy is working? 6.What recommendations would you make to Fitbit management to address the most important strategic issues facing the company? Fitbit, Inc., in 2017: Can Revive Its Strategy and It Reverse Mounting Losses? connect ROCHELLE R. BRUNSON Baylor University MARLENE M. REED Baylor University in the...

  • I need Summary of this Paper i dont need long summary i need What methodology they used , what is the purpose of this...

    I need Summary of this Paper i dont need long summary i need What methodology they used , what is the purpose of this paper and some conclusions and contributes of this paper. I need this for my Finishing Project so i need this ASAP please ( IN 1-2-3 HOURS PLEASE !!!) SPECIAL ARTICLES tole of Monetary Policy C Rangarajan What should be the objectives of monetary policy? Does the objective of price stability conflict with the goal of achieving...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT