A normative statement is a statement regarding
A) the assumptions of an economic model.
B) what is usually the case.
C) what is.
D) the predictions of an economic model.
E) what ought to be.
Correct Answer:
Verified
Q87: Model A is superior to model B
Q88: Which of the following is a positive
Q89: A normative statement is
A)about what is.
B)always false.
C)capable
Q90: "The rich face higher income tax rates
Q91: Complete the following sentence.Economic models
A)were first developed
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
Q96: Statements about "what is" are called
A)scientific statements.
B)normative
Q97: Which of the following statements is normative?
A)If
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