"Who was the greatest rock star?" is a normative question.
Correct Answer:
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Q29: Households are buyers in input markets.
Q144: "Who was the greatest rock star?" is
Q145: Normative statements involve value judgments.
Q147: Businesses are buyers in output markets.
Q148: Opportunity cost does not include
A) external consequences
Q150: Which is a microeconomic decision?
A) A reduction
Q151: "Men live longer than women" is a
Q152: Positive statements can be evaluated as true
Q153: Student leaders who argue that "75 percent
Q154: Which is a macroeconomic decision?
A) The Government
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