A positive statement is one which is:
A) derived by an abstract generalization.
B) suggestive of what should be done.
C) subjective and is based on a value judgment.
D) objective and is based on facts.
Correct Answer:
Verified
Q41: Macroeconomics can best be described as the
A)
Q60: Macroeconomics approaches the study of economics from
Q61: Which of the following statements pertains to
Q63: Economics is concerned with using scarce productive
Q64: Which of the following is associated with
Q66: A normative statement is one which:
A)is based
Q68: Which of the following is a normative
Q69: Most of the disagreement among economists involves:
A)facts.
B)theories.
C)positive
Q72: Microeconomics:
A)is concerned with the aggregate or total
Q80: Normative statements are concerned with:
A)facts and theories.
B)what
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