Which of the following is a normative statement?
A) The sky is blue.
B) The sky is green with pink polka dots.
C) Points on the production possibilities frontier (PPF) are efficient.
D) Points outside the PPF are unattainable with current resources.
E) We should strive to push the PPF outward.
Correct Answer:
Verified
Q1: Why do economists use models?
A) Models are
Q3: The scientific method and the tools of
Q5: The process of examining a change in
Q6: Which of the following is a positive
Q7: Which of the following is a positive
Q8: The important act of holding all other
Q8: An economist's use of experiments and real-world
Q9: Which of the following is a normative
Q13: A positive statement
A) is a claim that
Q26: A model without any simplifying assumptions
A) is
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