A theory
A) is usually based on a set of value judgments.
B) cannot be tested.
C) is a possible explanation for a natural phenomenon.
D) always fits with real-world data.
Correct Answer:
Verified
Q29: Which of the following best exemplifies the
Q30: The general procedure used to learn about
Q31: Questions that address the cause-and-effect analysis of
Q32: Which of the following is a positive
Q33: Which of the following top is NOT
Q35: In their study of the effect of
Q36: In conducting normative analysis,economists apply
A) the principle
Q37: Positive economic questions
A) involve value judgments.
B) address
Q38: Normative economic analysis addresses
A) what ought to
Q39: Questions that involve value judgments are
A) Positive
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