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Positive and Normative Statements
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Positive and Normative Statements
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1. Introduction to Macroeconomics / Positive and Normative Statements / Problem 5
Problem 5
Which of the following best describes a normative statement?
A
It is a statement that expresses a value judgment.
B
It is a statement that describes the world as it is.
C
It is a statement that is always true.
D
It is a statement that can be tested and verified.
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