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    Exam 1: What Is Economics
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    In Economics, Normative Statements Are About
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In Economics, Normative Statements Are About

Question 460

Question 460

Multiple Choice

In economics, normative statements are about


A) the way things are.
B) the way things ought to be.
C) marginal costs, not marginal benefits.
D) marginal benefits, not marginal costs.

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