"No individual should have less than $20,000 income in the United States in 2010" is an example of
A) a normative statement.
B) a positive statement.
C) an illogical and refutable statement.
D) a truism.
Correct Answer:
Verified
Q266: Normative economics involves
A) a statement of fact.
B)
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
Q271: "If the United States enters a war
Q272: "If A occurs then B will follow"
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
Q275: When the president says that "High inflation
Q278: Which of the following statements is a
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