Multiple Choice
Normative statements are
A) prescriptive,whereas positive statements are descriptive.
B) descriptive,whereas positive statements are prescriptive.
C) backward-looking,whereas positive statements are forward-looking.
D) forward-looking,whereas positive statements are backward-looking.
Correct Answer:
Verified
Correct Answer:
Verified
Q55: The Council of Economic Advisers<br>A)was created in
Q56: In principle,we can<br>A)ignore positive statements when choosing
Q57: Economists at which of the following offices
Q58: Which of the following statements is correct
Q59: The Council of Economic Advisers<br>A)was created in
Q61: The design of tax policy is one
Q62: A statement describing how the world is<br>A)is
Q63: Economists at the Department of the Treasury<br>A)design
Q64: Normative statements are<br>A)not usually made by economists.<br>B)claims
Q65: Positive statements are<br>A)prescriptive.<br>B)claims about how the world