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    Principles of Economics
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    Exam 2: Thinking Like an Economist
  5. Question
    Normative Statements Are
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Normative Statements Are

Question 40

Question 40

Multiple Choice

Normative statements are:


A) descriptive, making a claim about how the world is
B) statements about the normal condition of the world
C) prescriptive, making a claim about how the world ought to be
D) statements which establish production goals for the economy

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