Solved

For Economists, Positive Statements Are

Question 84

Multiple Choice

For economists, positive statements are:


A) descriptive, making a claim about how the world is
B) optimistic, putting the best possible interpretation on things
C) affirmative, justifying existing economic policy
D) prescriptive, making a claim about how the world ought to be

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q79: An economic outcome is said to be

Q80: In constructing models, economists must:<br>A)employ simplifying assumptions<br>B)include

Q81: Graph 2-9 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8859/.jpg" alt="Graph 2-9

Q82: Economic models:<br>A)are of limited use because they

Q83: Both scientists and economists make assumptions to

Q85: Factors of production are factors like labour,

Q86: Graph 2-4 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8859/.jpg" alt="Graph 2-4

Q87: The revenue that households receive from selling

Q88: The slope of a line is defined

Q89: In a circular-flow diagram:<br>A)households sell goods and