Which of the following is an example of a normative, as opposed to positive, statement?
A) Petrol prices ought to be lower than they are now.
B) The government should raise taxes on wealthy people.
C) The social security system is a good system and it deserves to be preserved as it is.
D) All of the above are normative statements.
Correct Answer:
Verified
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Q27: Normative conclusions
A)come from positive analysis alone.
B)are based
Q28: A statement describing how the world is
Q31: Which of the following is an example
Q32: The distinction between positive and normative economics
A)
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Q34: Which of the following is most closely
Q44: In building economic models,economists often omit
A)assumptions.
B)theories.
C)details.
D)equations.
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