Positive and normative statements differ in that
A) normative statements never use the word "should."
B) normative statements depict "what is" and positive statements depict "what ought to be."
C) positive statements can be tested, whereas normative statements cannot.
D) normative statements can be tested, whereas positive statements cannot.
Correct Answer:
Verified
Q182: Economic models
A)include all relevant facts.
B)always use graphs.
C)simplify
Q183: The fact that a rock star earns
Q184: The slope of a curved line can
Q185: The slope of a straight line is
A)increasing.
B)decreasing.
C)constant.
D)variable.
Q186: Q188: When a farmer decides to raise pigs Q189: The problem of "scarcity" applies Q190: Your employer has asked you to start Q191: The term "opportunity cost" points out that Q310: ![]()
A)only in economic
A)there![]()
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