The Important Characteristic of Normative Statements Is That They

question 60

Multiple Choice

The important characteristic of normative statements is that they

• A) explain what really exists.
• B) are based on somebody's values and cannot be tested.
• C) explain what normally happens in the real world.
• D) help guide us to what will normally occur if some economic variable changes its value.
• E) do not use the ceteris paribus assumption.

Examine reasons for varying racial self-identification among different racial groups.

Understand the sociopolitical organization of race and its implications on individuals and groups.

Assess the interplay between racial, ethnic, and cultural categories in personal and public spheres.

Critique stereotypes and assumptions around race, including those related to athletic ability and social roles.

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Definitions:

Demand Instrument

A financial document that requires the payment of money immediately or on demand.

Time Of Payment

The specific period or date by which payment for goods or services received must be made.

Voidable Instrument

A financial document or contract that is valid but may be annulled by one or more of the parties to the contract.

IOU Instrument

A document acknowledging a debt or an obligation to pay a specified sum of money to another party.