Author Question: Normative statements i. describe how the world is. ii. describe how the world ought to be. iii. ... (Read 55 times)

mcmcdaniel · **on:** Jun 30, 2018

Normative statements

i. describe how the world is.
ii. describe how the world ought to be.
iii. depend on people's values and cannot be tested.
A) ii only. B) i and iii. C) iii only. D) i only. E) ii and iii.

Question 2

The number of buyers of sport utility vehicles, SUVs, decreases sharply. So the

A) demand curve for SUVs does not shift, but there is a movement downward along it.
B) demand curve for SUVs shifts leftward.
C) demand curve for SUVs shifts rightward.
D) demand curve for SUVs does not shift, nor is there a movement along then demand curve.
E) supply curve for SUVs shifts rightward.