A Normative Statement Is Generally Based Upon

question 93

Multiple Choice

A normative statement is generally based upon:

• A) data that can be tested.
• B) a factual claim.
• C) subjective beliefs.
• D) scientific fact.

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Definitions:

Economic Decline

A period characterized by a decrease in the GDP, income, employment, and trade lasting for several months or years.

Unobtainable

Refers to something that cannot be obtained, achieved, or acquired due to various constraints or limitations.

Production Possibilities Frontier

A curve depicting the maximum attainable combinations of two or more products given a fixed amount of resources.

The 1940s

A decade marked by significant events including World War II and its aftermath, leading to major economic, political, and social changes globally.