Multiple Choice
A positive economic statement:
A) contains personal and social value judgments.
B) is always a mathematical expression.
C) should never be used by an economist.
D) is proper provided the advocator is clear the position rests on personal assessment.
E) is an unbiased report of the facts of the economy.
Correct Answer:
Verified
Correct Answer:
Verified
Q29: Select the normative statement that completes the
Q38: An economic model is useful only if
Q75: Positive economics is a method of inquiry
Q77: What is the difference between positive and
Q77: The slope of a line parallel to
Q79: Exhibit 1A-5 Straight line <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6121m/.jpg" alt="Exhibit
Q82: The branch of economics that focuses on
Q83: To be valid, an economic model must:<br>A)
Q84: Positive economics is a(n):<br>A) reflection of a
Q85: Exhibit 1A-1 Straight line<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6121m/.jpg" alt="Exhibit