Explain the value of statistics and other data to positive economists and to normative economists.

Answers

Answer 1

Positive Economists' purpose is to create an explanation of a certain economic phenomena.

These economists use statistics in order to find out the aggregate behavior of the people because of a certain economic decisions. From this, they can developed an understanding to explain the economic phenomena.

The normative economists' purpose is to find out whether a certain economic decision achieve its original purpose.

They used statistic as a quantitative measurements. They determine the goals of a certain economic policy and  They compared the statistic before the economic policy  was implemented to the condition after the implementation .

This will help them know whether the policy achieve its original goals.

For example. if a certain policy was created to reduce unemployment, normative economists will compare the data/statistic about the number of employment before and after the policy.

Answer 2

There are different use of statistics. How is statistics important for economists is that:

Statistics for economics is based on the use of itself along with the collection, processing, and analysis of some kind of economic data. It is known to helps man to known and analyze economic theories and show the correlations between variables such as demand, supply, price, etc.

Positive Economics  are those whose economic behavior is in such a way of describing and  explaining economics as it really is.  It uses observable data, and no opinion.

Normative Economics  is known as the part of economics that uses value judgments about what the economy should be.

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Related Questions

The Federalists argued that a national government would???????

Answers

Provide a strong executive branch and to protect the rights of people.

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Answers

Answer:

C

Explanation:

Answer:

c

Explanation:

It is c because if there is ountains and rivers and you want to travel from place to place you have to got throught mountains and rivers which was hard to do.

Who were the first Europeans to come to Canada but did not stay

Answers

Answer:

Jacques Cartier

Explanation:

Frenchman Jacques Cartier was the first European to navigate the great entrance to Canada, the Saint Lawrence River. In 1534, in a voyage conducted with great competence, Cartier explored the Gulf of St. Lawrence and claimed its shores for the French crown.

Answer:Jacques Cartier was the first european to come to canada

also that picture is pretty nice.

Explanation:

7. Jennifer is very social and outgoing. She doesn't like to sit for long periods of time and she
dislikes work that requires her to stay at her desk. Variety keeps her motivated. For which kind
of job would she be most suited? Select all that apply.
business administration
sales
Owaitress
writer
Ox-ray technician

Answers

Answer:

Waitress/sales

Explanation:

Answer:

waitress

Explanation:

4. Why did states want the power to appoint their own representatives? (Select 1 answer.)
A.
The people wanted to represent themselves
B.
The states wanted to make sure they had correct representation due to Britain's decisions
C.
Congress did not want to have that power
D.
The states were forces to find their own representation

Answers

A The people wanted to represent themselves

4. How many states today must approve an amendment to the Constitution
before it is ratified??

Answers

Answer:

3/4 or 38 states

Answer:

38 or more

Explanation:

Which class had the most beheadings by the guillotine?
A. First Estate
B. Second Estate
C. Third Estate
D. Monarchy

Answers

Answer:Monarchy

Explanation:Pls give Brainlest

What is one factor that made New Orleans a hub for the antebellum
slave trade?

Answers

Answer:

Louisiana, which also became a state after the purchase, remained a slave state, and New Orleans remained a critical hub of the slave trade. So while a slave rebellion helped drive the Louisiana Purchase, the new territory was destined to become a place of suffering and exploitation for the thousands of slaves forced to work there.

Explanation:

What are reasons why a low turnout could be explained for the Youth Vote? What is your prediction for the turnout for the Youth Vote in the future and why

Answers

Answer:

This is not unique to the United States. Our new analysis of turnout for the most recent national general elections for heads of government in two dozen countries revealed that the general population’s voting rate exceeds the voting rate for young people in every single one of them.

Describe the major points of Wilson's Fourteen Points Plan.​

Answers

Answer:

.

The main purpose of the Fourteen Points was to outline a strategy for ending the war. He set out specific goals that he wanted to achieve through the war. If the United States was going to fight in Europe and soldiers were going to lose their lives, he wanted to establish exactly what they were fighting for.

Explanation:

What American foreign policy decision reflected this statement?

Increasing financial aid to the Philippines

Providing military support to the Philippines

Allowing the Philippines to join peace negotiations

Maintaining governmental control of the Philippines​

Answers

Answer:

The 1951 U.S.-Philippines Mutual Defense Treaty

Explanation:

What was the relationship between Kaiser Wilhelm and Czar Nicholas?

Answers

Answer:

Wilhelm II and Nicholas II were third cousins (both were great-great-grandsons of Paul I of Russia) as well as being second cousins once removed (both were descended from Frederick William III of Prussia) and Wilhelm was a first cousin of Nicholas's wife, Alix of Hesse and the eldest grandson of Queen Victoria.

Explanation:

What happens to the Qing Dynasty (old Chinese government) as a result of the “Boxer Rebellion”?

Answers

Answer:

I do believe the Boxer and Taiping rebellions resulted in the eventual downfall of the dynasty.

Explanation:

With the opium wars not going well, a crazy Chinese dude claiming to be Jesus' brother and now the Boxer rebellion. The Qing dynasty was starting to crumble and become the jumble of broken pieces it was in WWI and WWII.

The head of a state government in the United States is referred to as which of the selections below?

Select one:
A. President
B. Governor
C. Ambassador
D. Prime Minister

Answers

Answer:

Either

A. President

Or

C. Ambassador

Explanation:

I think this is right ;-;

Not 100% for sure but I tried

Answer:

B

Explanation:

I need help

What's a good research question for history class?? I literally can't think of one. Please let me know !

Answers

Answer:

It entirely depends, but I have a few ideas.

Explanation:

If you're doing world history, try researching Vlad the Impaler. He was pretty much real-life Dracula, and the way he was overthrown was pretty interesting. If you're doing U.S. History, try researching prohibition. It created entire sports! If you're doing history for any other country, just tell me, and I'll come up with something!

Why are the 6 core values important to US citizens?

Answers

Answer:

A Set of Ideals. Americans have always been idealistic people

Liberty

Self-Government

Equality

Individualism.

Independence

Leonardo da Vinci questions
1. As an apprentice, Leonardo worked on a number of paintings with others. How do experts recognize his work in “Tobias and the Angel”?

2. What is “chiaroscuro”?

3. What is the only work of da Vinci’s in an American museum? (Ginevra) Who was she?

4. What is wrong with da Vinci’s painting of The Last Supper?

5. What did Leonardo do for Duke Lodovica Sforza, besides painting?

6. What example was given of the great power of the Medici?

7. How did Leonardo write most of his journals and notebooks? Why do you think he did this

Answers

Answer:

2. Chiaroscuro, in art, is the use of strong contrasts between light and dark, usually bold contrasts affecting a whole composition. It is also a technical term used by artists and art historians for the use of contrasts of light to achieve a sense of volume in modelling three-dimensional objects and figures.

3. When it came time to plan an elaborate wedding ceremony for his son, according to National Gallery of Art curator David Alan Brown, he couldn't do so without selling one of the family's many artistic treasures: Leonardo da Vinci's “Ginevra de' Benci,” a 15th-century portrait that museum curators had eyed for years.

Ginevra de' Benci, a well-known young Florentine woman, is universally considered to be the portrait's sitter. Leonardo painted the portrait in Florence between 1474 and 1478, possibly to commemorate Ginevra's marriage to Luigi di Bernardo Niccolini at the age of 16. More likely, it commemorates the engagement.

4. "Last Supper" is a failed experiment.

The experiment proved unsuccessful, however, because the paint did not adhere properly and began to flake away only a few decades after the work was finished.

5. The Duke kept Leonardo busy painting and sculpting and designing elaborate court festivals, but he also put Leonardo to work designing weapons, buildings and machinery.

7. Da Vinci is believed to have started recording his thoughts in notebooks during the 1480s while he was a military and naval engineer for the Duke of Milan. The writing included in the notebooks was produced in 16th-century Italian “mirror-writing,” which one reads right to left.

He was hiding his scientific ideas from the powerful Roman Catholic Church, whose teachings sometimes disagreed with what Leonardo observed. He was trying to prevent smudging: writing left handed from left to right was messy, the ink just put down would smear as his hand moved across it.

After WWI, what did Germany feel it needed to do as a country?



Group of answer choices

provide more jobs and build schools

reclaim territory and regain prominence in Europe

start another war

support the people and give financial assistance

Answers

I think reclaim territory and regain prominence in Europe

In the 1960's, the Quebec independence movement began to form. Which statement BEST explains the main reason for this movement
A. Quebecois disagreed with Canadian independence and wished to rejoin the united kingdom.
B. Quebecois feared the loss of their Culture and language in Canada
C. Quebecois disagreed with Canadian foreign policy and wished to build an empire
D. Quebecois claimed the Canadian parliament owed them money
help......please...

Answers

Answer:

D. Quebecois feared the loss of their Culture and language in Canada.

Hope this helps you!

Explanation:

What did the Founding Fathers make difficult?

Answers

Answer: the amendement process

Explanation: The founders made the amendment process difficult because they wanted to lock in the political deals that made ratification of the Constitution possible.

the new government in America included a bill of rights that guaranteed citizens could speak out against the ruling party in government how did the new french government respond to people who criticized or opposed it?

the revolutionaries began a reign of terror, using violence to silence its critics.

France allowed its critics to voice their opinions only written form, not on the street.

the new French government encouraged unity by hearing out all who wished to criticize it.

like the united states, France immediately guaranteed freedom of speech for its citizens.

Answers

Answer:

the revolutionaries began a reign of terror, using violence to silence its critics.

Explanation:

It took them a while to be able to have the same liberties as Americans had, but at first they killed everyone who opposed all over France.

The new french government respond to people who criticized or opposed the revolutionaries and began a reign of terror, using violence to silence its critics. Thus the correct answer is A.

What is the government?

Government is referred as a systematic structure designed to govern the functioning of the country and works for the welfare and development of the society.

The new french government uses violence to keep people quiet against those who are criticizing the government in France. They cause terror through violence to threaten people.

Therefore, option A is appropriate.

Learn more about government, here:

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1. What are two things that the ancient Greek and Roman democracies had in common? ​

Answers

Answer: Although this Athenian democracy would survive for only two centuries, its invention by Cleisthenes, “The Father of Democracy,”

Explanation:

Name the (4) four reasons why Texas seceded from the United States in 1861.

Answers

Answer:

Mississippi, Florida, Alabama, Georgia

Explanation:

Which of the following identifies a consequence of the problems listed above?

Answers

Answer:

C

Explanation:

why did britian lose control of the colonies

Answers

Answer:

the answer is They were called "The Empire that never had a sun set". The answer you're looking for is "They had so many colonies.

Explanation:

The slogan of the French Revolution was “Liberty, Equality, Fraternity (Brotherhood).” Did the first stage of the French Revolution live up to this slogan? Explain.

Answers

Answer:

Yes the first stage did live up to the slogan due to basically the entire urban and middle class declaring their independence spontaneously and storming the Bastille together.

another super short paragraph and one question to go with it
pls help
is appreciated :D

The guillotine was a device used to decapitate people, or cut off their heads. The Jacobins used it to execute people who spoke against them. The unlucky person stuck his or her head underneath the blade, and then the executioner let the blade drop down quickly on the neck. Even though the death machine was terrifying and deadly, the guillotine was actually inspired by the Enlightenment. Compared to older execution techniques, such as hanging, burning or the using the breaking wheel, people in revolutionary France considered the guillotine to be a gentler, more humane way to execute people. Either way, people were still killing other people.
King Louis XVI, his wife, Marie Antoinette, and thousands of others who crossed Robespierre met their fate under the blade of guillotine. And the guillotine wasn't just some old historical horror. The French continued to use the guillotine until 1981, when France outlawed capital punishment.

At the time of the French Revolution, the guillotine was considered:
a)The least cruel form of capital punishment.
b)The most painful way to punish criminals.
d) Outdated and inhumane.

Answers

The Most painful way to punish criminals

What are Joe Biden’s government principles/ American ideals referenced

Answers

Answer:

i think it is the same as barak obamas

Explanation:

How are europeans addressing the decline in the North Atlantic fishing industry?

Answers

Answer:reforming the law on "over fishing" and started setting and controlling sustainable catch limits for major fish stocks

Explanation:

Treaty of versailles main points how you would change them for the better? need it for a essay
answer like this
sentence 1 -summarize one clause
sentence 2 - explain the negative impact
sentence 3 -explain how you would change it
sentence 4 - how your change oud be better for EVERYONE and prevent future wars

Answers

Answer/Explanation

The Treaty of Versailles could have been improved in many ways. First, more countries could have helped pay for the damage, The treaty gave some German territories to neighboring countries and placed other German territories. It would have been a more settled argument if they used the 14 points which were general and not bias.  they could have made it better by more countries could have helped pay for the damage because all of the countries took part in this war. international disarmament, free trade, an international legal system, and collective security. Wilson believed war could be eliminated from the world with democracy, self-determination of rule for all nations, open diplomacy, This also could have been improved because the treaty of Versailles only blamed one country.

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