Dean says that, 'the imposition of a tax on beer will raise its price'.Kylie argues that, 'taxes should be imposed on beer because university students drink too much'.We can conclude that:
A) Dean's statement is normative, but Kylie's is positive
B) Kylie's statement is normative, but Dean's is positive
C) both statements are normative
D) both statements are positive
Correct Answer:
Verified
Q123: If we know an assumption about an
Q124: What is the purpose of models in
Q125: The slope of a line is calculated
Q126: The policy results from economic modelling:
A)focus on
Q127: A normative statement is one that:
A)is based
Q128: Lionel is studying economics but is also
Q129: Using this outline (see Graph 2-10), insert
Q130: All statements made by economists are made
Q131: Making the argument that because empty alcohol
Q133: Economic analysis can generate different outputs as:
A)All
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents