Normative Economic Analysis Addresses

question 40

Multiple Choice

Normative economic analysis addresses

• A) what ought to happen.
• B) factual issues.
• C) the cause-and-effect analysis of actions and their consequences.
• D) are potentially testable.

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Definitions:

Aggression

A form of behavior characterized by physical or verbal attack, it can be a manifestation of psychological issues or social conflicts.

Oedipus Complex

A Freudian theory that describes a child's feelings of desire for the opposite-sex parent and jealousy and competition with the same-sex parent.

Projective Tests

Psychological assessments that use ambiguous stimuli, such as inkblots or vague images, to elicit responses that reveal aspects of an individual's personality.

Validity

The ability of a test to measure what it is intended to measure.