One Thing That Distinguishes Normative Economic Principles from Positive Economic

question 36

Multiple Choice

One thing that distinguishes normative economic principles from positive economic principles is that:

• A)normative principles are pessimistic and positive principles are optimistic.
• B)normative principles reflect social norms, and positive principles reflect universal truths.
• C)normative principles tell us how people should behave, and positive principles tell us how people will behave.
• D)normative principles tell us how people will behave, and positive principles tell us how people should behave.

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Definitions:

POST

Power-On Self-Test, an initial set of diagnostic tests performed by a computer's firmware that checks the system's hardware components and ensures everything is working properly before starting up.

GUI

Stands for Graphical User Interface, a visual way of interacting with a computer using items like windows, icons, and menus, instead of text-based commands.

Pin

A personal identification number, which is a numeric or alphanumeric password used in securing access to devices or digital accounts.

Desktop

A personal computer designed to fit on or under a desk, distinct from portable laptops or mobile devices.