Which of the Following Is True

question 16

Multiple Choice

Which of the following is true?

• A) Positive economics deals with how people react to changes in benefits, and normative economics deals with how people react to changes in costs.
• B) Positive economic statements are testable, but normative statements are not.
• C) Positive economic statements involve value judgments while normative economics focuses on whether a policy will achieve its intended objectives.
• D) Positive economic statements focus on policy issues while normative economics focuses on economic theory.

---

Definitions:

Calcitonin

A substance secreted by the thyroid gland that plays a key role in controlling blood calcium concentrations.

PTH

Parathyroid hormone, responsible for regulating blood calcium levels.

Blood Calcium

The concentration of calcium ions in the blood, vital for healthy bones, teeth, and proper function of the heart, muscles, and nerves.

Nuclear Receptor

A class of proteins within cells that, upon binding with a ligand, can act as transcription factors to affect gene expression.