Normative economic analysis involves
A) true statements of facts only.
B) testable hypotheses by scientists.
C) value judgments and opinions.
D) purely descriptive statements.
Correct Answer:
Verified
Q277: Positive economic analysis is said to be
A)
Q278: Positive statements contain mostly
A) opinions and conditions.
B)
Q279: Suppose a survey is taken concerning car
Q280: "The government should eliminate income inequality" is
Q281: Which of the following is an example
Q283: Normative economics is
A) analysis involving value judgments
Q284: Normative economic analysis involves
A) positive analysis.
B) value
Q285: Which of the following is an example
Q286: Which of the following statements is an
Q287: Positive economic analysis is supposed to be
A)
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