Which of the Following Statements Is True

question 84

Multiple Choice

Which of the following statements is true?

• A)Normative economics deals with what is.
• B)Normative economics expresses someone's opinion.
• C)Positive economics is subjective.
• D)Positive economics deals with what ought to be.
• E)Normative economics tries to refrain from opinions.

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Definitions:

Relationship Conflict

Conflict that arises from interpersonal incompatibilities, including differences in personalities, values, or perceptions.

Optimal Level

The most favorable or desirable point or state for achieving a specific goal or outcome, often used in the context of performance or efficiency.

Modern Perspective

Contemporary viewpoints or approaches to understanding and engaging with various aspects of the world or specific fields.

Conflict

A process that begins when one party perceives that another has negatively affected, or is about to negatively affect, something that the first party cares about.