Which of the following statements is true regarding the textbook used in this course?
A) The textbook presents only economic theory, so no value judgments are involved in the text.
B) The textbook does not include normative statements.
C) The microeconomic section of the book includes only positive analysis while the macroeconomic section includes normative analysis.
D) The selection of topics included in the book involves value judgments as well as economic theory.
Correct Answer:
Verified
Q281: Which of the following is an example
Q282: Normative economic analysis involves
A) true statements of
Q286: Which of the following statements is an
Q287: Which of the following is a normative
Q287: Positive economic analysis is supposed to be
A)
Q289: Which of the following is a statement
Q292: Which of the following is an example
Q294: Analysis that is limited to making either
Q296: Normative economic analysis tends to
A) generate testable
Q319: Which of the following is a positive
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