Statements about "what is" are called
A) scientific statements.
B) normative statements.
C) hypotheses.
D) economic statements.
E) positive statements.
Correct Answer:
Verified
Q91: Complete the following sentence.Economic models
A)were first developed
Q92: A normative statement is a statement regarding
A)the
Q93: Statements about "what ought to be" are
Q94: The scientific purpose of simplifying assumptions in
Q95: An economic model is
A)useful if it predicts
Q97: Which of the following statements is normative?
A)If
Q98: You have the choice to go skiing
Q99: In choosing among alternative models, economists generally
Q100: Select the best statement about economic models.
A)Economic
Q101: When Al makes the statement, "The cost
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