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You are the director of HR for a medium-sized service firm.The CEO is troubled by the level of absenteeism in the company.Most of the absences seem to be due to many habitual offenders,who simply can't seem to get themselves to work every day.In your meeting with the CEO,she pulls out sample absenteeism policies used by a company a friend of hers runs.These policies are heavily discipline-oriented and very strict.You examine the policies and advise the CEO that _____.
Positive Economic Statement
A statement that can be proved or disproved by reference to facts.
Normative Economic Statement
A subjective statement that expresses an opinion or a value judgment about what ought to be, rather than what is.
Can Be Verified
Indicates that a certain piece of information, claim, or data can be checked and confirmed for accuracy or truthfulness.
Positive Economic Statement
An objective statement based on empirical evidence that describes the world as it is. These statements can be tested and validated through observation.
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