Which of the following is an example of a normative statement?
A) Since this good is bad for you, you should not consume it.
B) This good has bad health effects.
C) If you consume this good, you will get sick.
D) People usually get sick after consuming this good.
Correct Answer:
Verified
Q20: The objective of creating a permit trading
Q21: Which of the following is NOT considered
Q22: Which of the following is an example
Q23: Which of the following is an example
Q24: A good economic model has
A) testable predictions.
B)
Q26: Every economic model should include money as
Q27: Economists will use a model such as
Q28: The purpose of making assumptions in an
Q29: Economists make simplifying assumptions to
A) understand extremely
Q30: In most microeconomic models,a decision maker
A) maximizes
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