The important characteristic of normative statements is that they
A) explain what really exists.
B) are based on somebody's values and cannot be tested.
C) explain what normally happens in the real world.
D) help guide us to what will normally occur if some economic variable changes its value.
E) do not use the ceteris paribus assumption.

Question

Quizplus · Accepted Answer

Normative statements are based on subjective values and judgments, and therefore cannot be objectively tested or proven. They express opinions on what ought to be, rather than what actually is.

The Important Characteristic of Normative Statements Is That They