Multiple Choice
Which one of the following is an example of a normative statement?
A) A digital camera costs more than a disposable camera.
B) Most digital cameras sold in the United States are imported from other countries.
C) A camera makes a good wedding gift.
D) More people will buy digital cameras as their prices decline.
Correct Answer:
Verified
Correct Answer:
Verified
Q48: A relationship between two variables in which
Q59: A useful economic model<br>A) utilizes only the
Q68: Economics is a social science that involves
Q69: Economic models are NOT used to<br>A)explain economic
Q70: The ceteris paribus assumption is important in
Q71: Which of the following is a positive
Q72: "If A occurs then B will follow"
Q78: A five-cent deposit on beer bottles<br>A)provides a
Q175: Which one of the following is an
Q271: Which of the following best describes how