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Author Question: The important characteristic of normative statements is that they (Read 54 times)

faduma

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on: May 22, 2019
The important characteristic of normative statements is that they
◦ explain what really exists.
◦ are based on somebody's values and cannot be tested.
◦ explain what normally happens in the real world.
◦ help guide us to what will normally occur if some economic variable changes its value.
◦ do not use the ceteris paribus assumption.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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Marked as best answer by faduma on May 22, 2019

stanleka1

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Reply #1 on: May 22, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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faduma

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Reply 2 on: May 22, 2019
Excellent

mammy1697

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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