Multiple Choice
"There should be less discrimination against the elderly." This is an example of a
A) normative statement
B) positive statement
C) forecast
D) hypothesis
E) prediction
Correct Answer:

Verified
Correct Answer:
Verified
Q95: Economists believe that<br>A)people who choose to promote
Q96: The assumption of rational self-interest does not
Q97: Economists generally believe that<br>A)buyers and sellers have
Q98: When economists refer to capital, they might
Q99: A good or service is considered scarce
Q101: Consumers need information to make good choices.Which
Q102: A good economic theory<br>A)has realistic assumptions<br>B)contains as
Q103: When economists say that people act as
Q104: Scarcity<br>A)exists because people have wants that are
Q105: Theory in economics<br>A)involves some simplification of reality<br>B)bears