Normative Economics Answers the Question, "What Ought to Be?" Positive

question 27

True/False

Normative economics answers the question, "What ought to be?" Positive economics predicts the consequences of alternative actions, answering the questions, "What is?" or "What will be?"

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Definitions:

Assignment

The process of setting a value to a variable or entity in programming, using the assignment operator.

#define

A preprocessor directive in C and C++ used to create macro definitions or to declare symbolic constants.

Statement

An instruction that a programming language interpreter can execute.

C

A general-purpose, procedural computer programming language supporting structured programming, lexical variable scope, and recursion.