Understanding the Distinction Between Positive and Normative Economic Statements Is

question 128

Multiple Choice

Understanding the distinction between positive and normative economic statements is important because it

• A) enables us to derive better forecasts of macroeconomic aggregates such as GDP
• B) explains why economics is not a physical science
• C) is the primary distinction between macroeconomics and microeconomics
• D) provides a framework for understanding differences among economists
• E) enables us to see the rationale behind economic models

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Definitions:

Dissociative Identity Disorder

A psychological disorder characterized by the presence of two or more distinct personality states that control an individual's behavior at different times.

United States

is a country located in North America, comprising 50 states and known for its diverse geography, culture, and significant global influence.

Prevalent

Widespread or commonly occurring within a particular area or among a particular group.

Dissociative Identity Disorder

Dissociative Identity Disorder is a mental disorder characterized by the presence of two or more distinct personality states or identities within an individual, each with its own pattern of perceiving and interacting with the environment.