based on objective analysis. Most economists today focus on positive economic analysis‚ which uses what is and what has been occurring in | |an economy as the basis for any statements about the future. Positive economics stands in contrast to normative economics‚ which uses value judgments. | |Investopedia explains ’Positive Economics’ |
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Guideline (brief simple short essay - example only to assist with planning) TOPIC: Discuss positive accounting theory and contrast it with normative accounting theory. Provide examples where appropriate. The purpose of this essay is to provide an overview of positive accounting theory (PAT) and highlight how this theory differs to normative accounting theory. Definitions and assumptions of both theories will be considered and examples of the theories will be provided. In addition
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A. Normative Minimum wage in my opinion does not create unemployment among young and unskilled workers. Most unskilled workers enter in the workforce earning minimum wage. Young people are eager to start working in most markets. They usually understand that they have to start out at a low rate of pay or minimum wage. B. Positive Usually when a product decreases in price more people want to have it. Take for example cell phones. When they initially hit the market they were basically
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Ancient moral theory explains morality in terms that focus on the moral agent. These thinkers are interested in what constitutes‚ e.g.‚ a just person. They are concerned about the state of mind and character‚ the set of values‚ the attitudes to oneself and to others‚ and the conception of one ’s own place in the common life of a community that belong to just persons simply insofar as they are just. A modern might object that this way of proceeding is backwards. Just actions are logically prior to
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Antibiotics are medications that either kill bacteria or prevent them from spreading. They work only against bacteria‚ not the viruses that cause the majority of sore throats‚ colds‚ sinus infections‚ and bronchitis. Most of the infectious diseases are caused by bacteria. Antibiotics transformed medicine. There are two segments of antibiotics‚ early history and modern history. Antibiotics can be defined as a medicine (such as penicillin or its derivatives) that inhibits the growth of
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Messi In my opinion‚ the best football player is Messi. He plays for Barcelona Football Club. Although his body is not tall‚ but he runs so fast. Last year‚ he become the Spanish league top score. He comes from Argentina. His full name is Lionel Messi. His position is striker. I love him because when i am playing football‚ my position is also srtiker. My dream is playing football with him in a team. JKT 48 My hobby is listen to the music. My favorite music group is JKT 48. In JKT 48‚ there are 26
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Public Administration & Management: An Interactive Journal 6‚ 3‚ 2001‚ pp. 87-90 Normative Theory and Policy Evaluation Stuart Nagel MKM-PSO-DSI Center and University of Illinois I. PROFESSIONAL ETHICS An interesting question concerns the ethical obligations of people who do policy analysis research. Such research often involves ethical dilemmas that relate to: 1. Whether one’s purposes should include prescription or evaluation‚ as well as prediction or explanation. 2. Whether or not
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such as‚ informational influence and normative influence. Normative influence is when people want to be liked and so by being in a group they gain social approval that leads to compliance. On the other hand‚ informational influence is when people want to be right‚ so they join a group that they perceive to be correct‚ which leads to acceptance. In this case‚ my five close friends changed their beliefs and their behavior to fit their sorority. The normative influence explains the reason why my friends
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TEACHING APPROACHES/STRATEGIES AND INSTRUCTIONAL PRACTICES Over the years‚ schools have always been concerned with how to come up with effective teaching-learning experiences for the learners. In an attempt to attain this goal‚ the teacher is expected to possess a thorough knowledge of the criteria of good teaching and the mastery of the subject matter to be taught and a broad knowledge of various teaching approaches/strategies of teaching. With some charges of emphasis on educational goals
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e: My Bedroom Well‚ I will try to describe my bedroom‚ although it’s a little bit difficult because it’s a bit chaotic. The first thing you notice when you enter in my room is that is very disorganized. There’s no order‚ I can say that everything has its place in the middle of chaos. To begin‚ the door lock is broken. When you finally enter at the room‚ you can see on the left side of a wall built in wardrobes. There’s where I keep all my clothes. The desk is long and narrow‚ and it has got
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