The statement that "at 10 percent,the interest rate is too high for families to buy the home they deserve," is a(n)
A) positive statement
B) normative statement
C) morally ambiguous philosophical position
D) affront to the American dream
E) value judgment
Correct Answer:
Verified
Q103: Even if economic theory is based on
Q104: Economic models do not have to completely
Q105: The statement that "at 10 percent,the interest
Q106: If an economic model includes an assumption
Q107: A good economic model
A) is as simple
Q109: An economic model is
A) a concrete representation
Q110: Because economists have different values,like everyone else,they
A)
Q111: Economic models come in the form of
A)
Q112: A simplifying assumption
A) affects the important conclusions
Q113: The level of detail in an economic
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