A normative statement is a statement regarding
A) what is usually the case.
B) the assumptions of an economic model.
C) what ought to be.
D) the predictions of an economic model.
E) what is.
Correct Answer:
Verified
Q90: Which of the following creates an incentive
Q91: In choosing among alternative models,economists generally have
Q92: Statements about "what ought to be" are
Q93: An economic model is tested by
A)examining the
Q94: "The rich should face higher income tax
Q96: Model A is superior to model B
Q97: A positive statement is
A)always true.
B)always false.
C)about what
Q98: Complete the following sentence.Economic models
A)do not answer
Q99: "The rich face higher income tax rates
Q100: A normative statement is
A)about what ought to
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