Exam (elaborations)
ECN 6100 Winter 2016 Ch. 1-7
- Course
- Institution
Question 1. A normative economic statement: a. is a model used to collect data. b. is a statement of fact. c. is a statement of what ought to be, not what is. d. indicates what will occur if certain assumptions are true. 2. If everyone expects the price of almonds to rise in the near future, what w...
[Show more]