Placing importance on achieving economic efficiency:
A)implies no role for government.
B)is a normative judgment.
C)is a positive judgment.
D)implies that government should be the main coordinating force.

Question

Quizplus · Accepted Answer

Economic efficiency is a goal or value that people might aim for, and stating that it is important is a normative judgment because it reflects an opinion about what ought to be, rather than a factual statement about what is.

Placing Importance on Achieving Economic Efficiency