Whenever statements expressing value judgments are made,we enter the realm of
A) normative economics.
B) macroeconomics.
C) microeconomics.
D) positive economics.
Correct Answer:
Verified
Q120: "No Canadian should have to live on
Q121: Normative economic analysis always involves
A)positive analysis.
B)objective descriptions
Q122: When a political candidate tells a campaign
Q123: The x axis on a graph is
A)the
Q124: Which of the following is a normative
Q126: The setting of penalties for drug possession
Q127: The goal of legislation aimed at lowering
Q128: Which of the following is an example
Q129: Which of the following is a normative
Q130: Normative economic analysis always involves
A)true statements.
B)testable hypotheses.
C)value
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