A Statement Describing How the World Should Be

question 26

Multiple Choice

A statement describing how the world should be

• A)is a normative statement.
• B)is a positive statement.
• C)would only be made by an economist speaking as a scientist.
• D)would only be made by an economist employed by the government.

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Definitions:

Estate Assets

Assets that belong to a deceased person's estate, including all property and financial accounts, which are managed and distributed according to a will or law.

Sacred Church

A religious institution or place of worship considered holy or divine by its followers.