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John's toaster is malfunctioning.Sometimes his toast is ready in ten seconds.Sometimes he must wait thirty seconds.At times,it can even take several minutes before the toast is done.The toaster has John on a ________ schedule of reinforcement.
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.
Marginal Tax Rates
The rate at which tax is charged on an additional dollar of income, which can vary based on income levels and tax brackets.
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