A Normative Statement

question 79

Multiple Choice

A normative statement

• A)is one that involves a value judgment.
• B)has no place in the study and practice of economics.
• C)concerns what is provable.
• D)can be derived logically from facts.
• E)is a statement that is empirically testable.

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Definitions:

Reciprocal Relationships

A mutual interaction or exchange between parties where each benefits or is influenced by the actions of the other.

Dialectical Philosophers

Thinkers who use the dialectical method of logic, reasoning, and contradiction to explore and understand philosophical issues.

Causality

The relationship between cause and effect where one event leads to the outcome of another.

Symbolically Powerful

Describes entities or concepts that hold significant influence or power within a culture or society through symbolic meaning or representation.