In economics, normative statements are about
A) the way things are.
B) the way things ought to be.
C) marginal costs, not marginal benefits.
D) marginal benefits, not marginal costs.
Correct Answer:
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Q242: Which of the following is an example
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A) simplify reality.
B) include all relevant
Q246: Normative statements are statements about
A) what is.
B)
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