Multiple Choice
________ questions have to do with explanation and prediction; ________ questions have to do with what ought to be.
A) Positive; negative.
B) Negative; normative.
C) Affirmative; positive.
D) Positive; normative.
E) Econometric; theoretical.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q24: Which of the following assertions, if proven
Q25: The basic premise behind worker trade-offs in
Q26: Which of the following markets are competitive
Q27: Firms face trade-offs in production, including decisions
Q28: The nominal price of a 1990 laptop
Q30: The "constant dollar" price is:<br>A) the real
Q31: Which of the following goods is NOT
Q32: A valid and useful theory of gold
Q33: Which of the following is a positive
Q34: An investor can acquire shares of stock