A Normative Economic Statement Is

question 205

Multiple Choice

A normative economic statement is:

• A) a statement of fact.
• B) a statement of opinion which advocates a particular position.
• C) not acceptable in the economics profession.
• D) the only acceptable manner to present economic information.
• E) a statement based upon government-supplied information.

---

Definitions:

360-degree Feedback

A performance appraisal method where an employee receives anonymous feedback from peers, subordinates, and supervisors, offering a comprehensive view of their performance.

Personality Analysis

The assessment of an individual's characteristics, traits, and behaviors to understand or predict their attitudes and actions in various settings.

Recipients

Individuals or entities that receive something, such as a message, gift, award, or transferred good.

Timeliness

The characteristic of being done or occurring at a favorable or useful time; promptness.