Which of the Following Is False

question 133

Multiple Choice

Which of the following is false?

• A)​A positive statement must be testable but need not be true.
• B)​A hypothesis is a normative statement.
• C)​Normative analysis involves subjective, non-testable statements.
• D)​The majority of disagreements in economics stem from normative issues.

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Definitions:

Nation's Exports

The goods and services produced in one country and sold to buyers in another country.

Imports

Goods or services brought into one country from another for sale or exchange.

Exchange Rate

The value of one currency for the purpose of conversion to another, impacting trade and economics globally.

Transactions

The action of conducting business or trading between parties, typically involving the exchange of goods, services, money, or information.