Multiple Choice
Which of the following descriptions of normative statements is the most accurate?
A) They are prescriptive, making claims about how the world ought to be.
B) They are descriptive, making claims about how the world is.
C) They are affirmative, justifying existing economic policy.
D) They are optimistic, putting the best possible interpretation on things.
Correct Answer:

Verified
Correct Answer:
Verified
Q72: Since resources are abundant, we do not
Q174: An entrepreneur organizes the other factors of
Q201: Which of the following is an example
Q203: Explain why each of the following is
Q204: If Jared declines to purchase a new
Q205: Which of the following is the erroneous
Q207: "The government should levy higher taxes on
Q208: Ten-year-old Tommy observes that people who play
Q209: Which of the following statements about the
Q210: Which of following statements about economics is