Positive statements are
A) evaluated by checking the facts.
B) inefficient.
C) rarely used in economics.
D) unfair.
E) value judgements.
Correct Answer:
Verified
Q118: Voluntary trade is a smart decision because
Q119: Who wrote The Wealth of Nations?
A) Alfred
Q120: Opportunity cost can be calculated as Get
Q121: Which statement is normative?
A) People who have
Q122: A normative statement is about
A) what might
Q124: Which statement is normative?
A) Drinking 14 beers
Q125: Businesses are buyers and households are sellers
Q126: An investor purchases 1,000 shares of stock
Q127: Businesses are sellers and households are buyers
Q128: Businesses are buyers and households are sellers
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