Asked by
Abraar Rahman
on Nov 06, 2024Verified
Refer to Scenario 1.2. The statement that a 1% increase in the automobile emissions causes a 0.0003% increase in average global temperatures is an example of
A) positive economics.
B) marginal economics.
C) normative economics.
D) the fallacy of logic.
Positive Economics
The branch of economics that focuses on describing and explaining economic phenomena as it actually exists.
Automobile Emissions
The gases and particles that are released into the atmosphere by vehicles powered by internal combustion engines, contributing to air pollution.
Global Warming
Global warming is the long-term rise in Earth's average surface temperature, primarily due to human activities like burning fossil fuels, leading to climate change.
- Distinguish between positive and normative economics.
Verified Answer
AH
Learning Objectives
- Distinguish between positive and normative economics.