Question

household access to banks improved but could've been driven lower by COVID- 19, FDIC says the...

household access to banks improved but could've been driven lower by COVID- 19, FDIC says the wall street journal summarize and Categorize it as positive or normative

Business   Economics   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

The given Statment will be categorized as positive Statment.

Explanation: the above mentioned Statment is an example of positive Statment in economic because positive Statment deals with the facts and evidences. They are not based on any assumptions whereas normative Statment determine whether the situation is desirable or not desirable or what should be done to improve the undesirable situation.

The given Statment states that household access to banks could've been driven lower by COVID- 19. In this statement we can see that a fact has been identified with its evidence that is, household access to banks could've been lower (fact) due to COVID 19 (evidence).

It does not mention and suggestion of do's or dont's therefore it is a Positive Statment and not Normative.

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
An article in the Wall Street Journal in 2016 noted that banks in China have been...
An article in the Wall Street Journal in 2016 noted that banks in China have been experiencing problems with business borrowers defaulting on loans and have had difficulty attracting enough deposits to fund new loans. ​Source: Anjani​ Trivedi, “Why ​China's Big Banks​ Aren't Looking So Large" Wall Street Journal​, May​ 3, 2016. Are these problems likely to matter for the future growth of the Chinese​ economy? A. ​No; China's banks have sufficient reserves. B. ​Yes; high default rates and the...
Months into the COVID-19 pandemic, which continues to affect a growing number of countries and people,...
Months into the COVID-19 pandemic, which continues to affect a growing number of countries and people, 1 the responses to our newest McKinsey Global Survey on economic sentiment confirm the extent of the damage so far. 2 Respondents are much likelier now than in March (52 percent, up from 10 percent) to say their countries’ economies have declined substantially in recent months, and more than twice as likely to report substantially worse conditions in the global economy. Across geographies, vast...
Asia’s e-commerce landscape has been booming in recent years. The swift adoption of smartphones and greater...
Asia’s e-commerce landscape has been booming in recent years. The swift adoption of smartphones and greater access to the internet has allowed consumers in the region to be a major force in the global digital economy. The expansion looks set to continue at a rapid pace. According to a November 2018 report by Fitch Solutions, e-commerce sales in the region are forecast to increase by 14.2% this year, with an estimated average annual increase of 14% over the medium term...
1 Over the past several years, the proportion of one-person households has been increasing. The Census...
1 Over the past several years, the proportion of one-person households has been increasing. The Census Bureau would like to test the hypothesis that the proportion of one-person households exceeds 0.27. A random sample of 125 households found that 43 consisted of one person. The Census Bureau would like to set α = 0.05. Use the critical value approach to test this hypothesis. Explain. 2 Organizations are relying more and more on social-networking sites to research job candidates. According to...
Mexico’s automobile industry is booming. Bolstered by $19 billion in new investment from foreign carmakers, including...
Mexico’s automobile industry is booming. Bolstered by $19 billion in new investment from foreign carmakers, including Nissan, Honda, Volkswagen, and Mazda, vehicle production doubled between 2009 and 2014 to an estimated 3.2 million vehicles. This investment surge has transformed Mexico into the eighth-largest automaker in the world, and it’s not over yet. In 2014 and 2015, Toyota, Mercedes-Benz, Hyundai-Kia, BMW, and Volkswagen all outlined plans to build new state-of-the-art factories in Mexico. Audi is also constructing a $1.3 billion factory...
Mexico’s automobile industry is booming. Bolstered by $19 billion in new investment from foreign carmakers, including...
Mexico’s automobile industry is booming. Bolstered by $19 billion in new investment from foreign carmakers, including Nissan, Honda, Volkswagen, and Mazda, vehicle production doubled between 2009 and 2014 to an estimated 3.2 million vehicles. This investment surge has transformed Mexico into the eighth-largest automaker in the world, and it’s not over yet. In 2014 and 2015, Toyota, Mercedes-Benz, Hyundai-Kia, BMW, and Volkswagen all outlined plans to build new state-of-the-art factories in Mexico. Audi is also constructing a $1.3 billion factory...
Delta airlines case study Global strategy. Describe the current global strategy and provide evidence about how...
Delta airlines case study Global strategy. Describe the current global strategy and provide evidence about how the firms resources incompetencies support the given pressures regarding costs and local responsiveness. Describe entry modes have they usually used, and whether they are appropriate for the given strategy. Any key issues in their global strategy? casestudy: Atlanta, June 17, 2014. Sea of Delta employees and their families swarmed between food trucks, amusement park booths, and entertainment venues that were scattered throughout what would...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT