Author Question: A normative economic statement is: a. a statement of fact. b. a statement of opinion which ... (Read 38 times)

abarnes

  • Hero Member
  • *****
  • Posts: 556
A normative economic statement is:
 a. a statement of fact.
  b. a statement of opinion which advocates a particular position.
  c. not acceptable in the economics profession.
  d. the only acceptable manner to present economic information.
  e. a statement based upon government-supplied information.

Question 2

A normative economic statement:
 a. is a model used to collect data.
  b. is a statement of fact.
  c. is a statement of what ought to be, not what is.
  d. indicates what will occur if certain assumptions are true.



ilianabrrr

  • Sr. Member
  • ****
  • Posts: 332
Answer to Question 1

b

Answer to Question 2

c



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Critical care patients are twice as likely to receive the wrong medication. Of these errors, 20% are life-threatening, and 42% require additional life-sustaining treatments.

Did you know?

The term pharmacology is derived from the Greek words pharmakon("claim, medicine, poison, or remedy") and logos ("study").

Did you know?

About 60% of newborn infants in the United States are jaundiced; that is, they look yellow. Kernicterus is a form of brain damage caused by excessive jaundice. When babies begin to be affected by excessive jaundice and begin to have brain damage, they become excessively lethargic.

Did you know?

Fungal nail infections account for up to 30% of all skin infections. They affect 5% of the general population—mostly people over the age of 70.

Did you know?

The Food and Drug Administration has approved Risperdal, an adult antipsychotic drug, for the symptomatic treatment of irritability in children and adolescents with autism. The approval is the first for the use of a drug to treat behaviors associated with autism in children. These behaviors are included under the general heading of irritability and include aggression, deliberate self-injury, and temper tantrums.

For a complete list of videos, visit our video library