What are economics' two main branches of study? O a. fiscal and monetary policies Ob. normative and positive economics Oc free and closed markets Od. microeconomics and macroeconomics

. Which of the following is a normative statement: a. Women’s labor force participation (LFP) increased substantially in the latter half of the 20th century b. Women with children shouldn’t go to work c.   Age at first marriage has been increasing since 1970 d.   The increase in women’s LFP was caused by the decline in marriage e.   Age at first marriage and women’s LFP are positively correlated..

sekect one answer. 1. Which of the following statements about the Affluent Society era is false? a. John Kenneth Galbraith’s, The Affluent Society, criticized the underlying structures of an economy dedicated only to increasing production and the consumption of goods. b. Galbraith’s analysis was so insightful that the title of his book has come to serve as a ready label for postwar American society c. Galbraith warned that an economy where “wants are increasingly created by the process by which they are satisfied” was unsound, unsustainable, and, ultimately, immoral. d. The contradictions of the Affluent Society defined the decade: unrivaled prosperity alongside persistent poverty, expanded opportunity alongside entrenched discrimination, and new liberating lifestyles alongside a stifling conformity. e. None of the above statements are false 2. Which of the following statements concerning the rise of the suburbs is false? a. The seeds of a suburban nation were planted in New…

3. Is each of the following statements positive or normative? If the statement is positive, write a normative statement about the same topic. If the statement is normative, write a positive statement about the same topic. a.)  For-profit prisons have led to a higher incarceration rate in the United States. b.)  The Washington Commanders should have chosen a cooler mascot. c.)  The use of human subjects in experiments should be subject to less oversight. d.)  If the U.S. privatized Social Security, it would reduce government deficits in the long run. e.)  Students should not be required to take exams.