Multiple Choice
The statement that "at 10 percent,the interest rate is too high for families to buy the home they deserve," is a(n)
A) positive statement
B) normative statement
C) morally ambiguous philosophical position
D) affront to the American dream
E) value judgment
Correct Answer:

Verified
Correct Answer:
Verified
Q117: Which of the following is the best
Q118: Economics is<br>A) the narrow study of how
Q119: Microeconomic topics include the overall unemployment rate
Q120: Due to society's overall scarcity of resources,<br>A)
Q121: The opportunity cost of any action is<br>A)
Q123: Which of the following explains why economists
Q124: Which of the following would be a
Q125: How retail gasoline stations behave in a
Q126: The ultimate purpose of building an economic
Q127: A critical assumption differs from a simplifying