"If the United States enters a war in the Middle East, gasoline prices will go up." This statement is an example of
A) a positive statement.
B) an argument.
C) a normative statement.
D) a factual statement.
Correct Answer:
Verified
Q266: Normative economics involves
A) a statement of fact.
B)
Q266: Which of the following is a positive
Q268: Which of the following is an example
Q268: Which of the following is a normative
Q269: Positive statements can contain
A)opinions and conditions.
B)facts and
Q272: "If A occurs then B will follow"
Q273: "No individual should have less than $20,000
Q274: Positive economic analysis is said to be
A)true.
B)right.
C)value-laden.
D)objective.
Q274: "To be useful, a model must be
Q279: Suppose a survey is taken concerning car
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