Multiple Choice
The statement that "IBM's stock closed at $85" is
A) a normative statement
B) a positive statement
C) a macroeconomic observation
D) financial manipulation
E) a sign that the market may be undervalued
Correct Answer:

Verified
Correct Answer:
Verified
Q157: "Senior citizens deserve an income that will
Q158: A consultant who earns $100 per hour
Q159: The basic problem addressed in economics is<br>A)
Q160: An economic model is a(n)<br>A) philosophical inquiry<br>B)
Q161: The economic behavior of government is constrained
Q163: In examining consumer behavior,one of the constraints
Q164: Consider an economic model designed to analyze
Q165: Because households have limited incomes,they must<br>A) rarely
Q166: Which of the following is a normative
Q167: Economic models are used primarily to<br>A) predict