How Do Economists View Normative Statements

question 151

Multiple Choice

How do economists view normative statements?

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

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Definitions:

Gross Motor Skills

Physical abilities involving large muscle movements such as walking, running, jumping, and throwing.

Category Of Vehicles

A classification of various types of transportation means, such as cars, trucks, bicycles, and boats, based on shared characteristics.

Increased Myelination

The process by which the myelin sheath, a protective covering of nerve cells, thickens and increases, enhancing neural transmission.

Frontal Cortex

A region of the brain involved in executive functions such as decision making, problem-solving, and controlling behavior.