Which of the following is an example of a normative statement?
A) Students who miss more classes tend to earn lower grades.
B) Students should make better use of their time by attending every class.
C) The increasing price of textbooks has caused students to purchase fewer texts.
D) Increasing government grants and loans to college students have caused tuition fees to rise faster than the rate of inflation.
Correct Answer:
Verified
Q7: Which of the following steps in evaluating
Q8: The test of a theory is whether:
A)its
Q9: Positive economic analysis utilizes:
A)value judgments of highly
Q10: Which of the following is a positive
Q11: Which of the following economic decisions is
Q13: Positive economics differs from normative economics in
Q14: Which of the following is an example
Q15: Macroeconomics deals primarily with:
A)aggregate economic factors.
B)the behavior
Q16: Value judgments:
A)always produce predictable results.
B)are subjective opinions
Q17: Which of the following is generally considered
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