"The rich should face higher income tax rates than the poor." This is an example of
A) a normative statement.
B) a positive statement.
C) a negative statement.
D) economic reasoning.
E) neither a normative nor a positive statement.
Correct Answer:
Verified
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Q91: In choosing among alternative models,economists generally have
Q92: Statements about "what ought to be" are
Q93: An economic model is tested by
A)examining the
Q95: A normative statement is a statement regarding
A)what
Q96: Model A is superior to model B
Q97: A positive statement is
A)always true.
B)always false.
C)about what
Q98: Complete the following sentence.Economic models
A)do not answer
Q99: "The rich face higher income tax rates
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