Positive statements are not

a. descriptive.
b. prescriptive.
c. claims about how the world is.
d. made by economists speaking as scientists.

b

Economics

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In the graph above, which points reflect an interest parity arbitrage opportunity?

A) point A B) point B C) point C D) points B and C

Economics

Refer to Figure 9.2. At price 0H and quantity Q1, consumer surplus is the area

A) EDGF. B) 0FGQ1. C) HFGB. D) EFC. E) none of the above

Economics