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[DOC File]Chapter 1 Exam – The Nature of Economics
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9) Normative economic statements. A) violate the law of ceteris paribus. B) contain value judgments. C) are usually irrational. D) are easily testable. 10) “No individual should have less than $10,000 income in the United States in 1990” is an example of. A) a normative statement. B) a positive statement. C) an illogical and refutable ...
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[DOC File]Chapter 1—What Economics Is About
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Positive economics deals with "what is." Normative economics is concerned with "what should be." A positive economist would look at the impact of an increase in minimum wage on the growth of the economy, while a normative economist would focus on whether or not the wage hike should occur and how it might affect the working poor.
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[DOC File]CHAPTER 1
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a. Positive questions. b. Normative questions. c. All economic questions, both positive and normative. d. Questions about the choices made by individuals. 5. If the president of Colombia commented that “we should do something to reduce inflation in Colombia,” this would be an example of: a. a normative statement. b. a positive statement.
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[DOC File]The Econ Forum | Just another WordPress.com weblog
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a. Statements I, II, and III are all examples of normative economics. b. Statements I and III are examples of normative economics. c. Statements I and II are examples of normative economics. d. Statement I is an example of normative economics.
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[DOC File]Management, 11e (Robbins/Coulter)
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B) normative . C) behavioral. D) organic. 47) The _____ thinking style is characterized by a preference for internal sources of information and processing this information with internal insights, feelings, and hunches to guide decisions and actions. A) active experimentation . B) nonlinear . C) linear . D) organic
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[DOC File]CORRECTIONAL COUNSELING AND REHABILITATION, FIFTH …
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The judicious use of these elements can assist an offender in making positive choices because the intention itself is a meaningful reward, regardless of the outcome. Storytelling and story listening also provide meaning to these elements. In the final analysis, the offender gaining self-respect is a core therapeutic goal.
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[DOC File]test bank U
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A) a, b, and c are positive statements and d is a normative statement. B) a and b are positive statements, c and d are normative statement. C) Only a is a positive statement, b, c and d are normative statements. D) a and c are positive statements, b and d are normative statements. Answer: B. Diff: 2 Page Ref: 12-13. Topic: Normative and ...
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[DOC File]SOLUTIONS TO TEXT PROBLEMS: - Geneseo
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7. Positive statements are descriptive and make a claim about how the world is, while normative statements are prescriptive and make a claim about how the world ought to be. Here is an example. Positive: A rapid growth rate of money is the cause of inflation. Normative: The government should keep the growth rate of money low. 8.
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[DOC File]AP ECONOMICS CHAPTER 1 STUDY GUIDE
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C) Clara's statement is normative and Ellie's statement is positive. D) Clara's statement is positive and Ellie's statement is normative. 13. The comment that "the minimum wage should be raised to give working people in this country a fair wage" is an example of: A) a normative economic statement. B) a positive economic statement.
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Positive and normative statements quizlet