ʺThe rich should pay higher income tax rates than the poorʺ is an example of a
A) descriptive statement.
B) normative statement.
C) theoretical statement.
D) positive statement.
Correct Answer:
Verified
Q184: When Susan makes the statement, ʺThe government
Q185: The statement that is a positive statement.
A)
Q186: ʺWhen OPEC increases the supply of oil
Q187: An economic model is
A) a collection of
Q188: ʺAs part of the financial crisis bailout
Q190: Which of the following is a normative
Q191: An economic model includes
A) only normative statements.
B)
Q192: Consider the following events:
i. Samsung hires associates
Q193: A normative statement is
A) about what ought
Q194: Ben Bernanke, Chairman of the Federal Reserve,
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents