Multiple Choice
Normative statements i.describe how the world is.
Ii) describe how the world ought to be.
Iii) depend on people's values and cannot be tested.
A) ii only
B) iii only
C) i only
D) ii and iii
E) i and iii
Correct Answer:

Verified
Correct Answer:
Verified
Q113: An incentive is<br>A)when people make rational choices
Q114: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1012/.jpg" alt=" The graph shows
Q115: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1012/.jpg" alt=" In the above
Q116: Which of the following is an example
Q117: Suppose you take a trip during the
Q119: As part of its proposal to win
Q120: Which of the following is a macroeconomic
Q121: The Latin term 'ceteris paribus' means<br>A)'other things
Q122: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1012/.jpg" alt=" -The figure above
Q123: If a curve rises and then falls,it