Which of the Following Statements About Differences Between Positive and Normative

question 157

Multiple Choice

Which of the following statements about differences between positive and normative economics is TRUE?

• A)Positive statements are concerned with what people think while normative statements are concerned with what people do.
• B)Positive statements are true while normative statements are false.
• C)Positive statements are concerned with "what is" while normative statements are concerned with what someone thinks should"be.
• D)Positive statements are concerned with "what is" while normative statements are concerned with what will be.

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Definitions:

Benzene

A cyclic compound forming the basis for many aromatic substances, distinguished by its unique resonance stability.

Organic Product

A compound or substance that has been synthesized through a chemical reaction involving organic molecules.

Mononitration Product

A compound resulting from the nitration reaction where only one nitro group has been added to a molecule.

Mononitration Product

The result of introducing one nitro group (-NO2) into a compound through a nitration reaction.