A positive statement is one that:
A) outlines a direct relationship between two variables
B) outlines an inverse relationship between two variables
C) is subjective and is, therefore, based upon a value judgement
D) is necessarily true
E) is objective and is, therefore, based upon facts
Correct Answer:
Verified
Q23: Which of the following is a normative
Q24: Suppose an economist says "Ceteris paribus,the lower
Q25: If we say that two variables are
Q26: The basic purpose of the ceteris paribus
Q27: A product has utility if it:
A)takes more
Q29: Normative statements are concerned with:
A)facts and theories
B)what
Q30: Which of the following is a correct
Q31: If an inverse relationship exists between x
Q32: Economic models:
A)are of limited use because they
Q33: Which of the following expressions best states
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