Chapter 2: Q 7 (page 43)
Would a research study on the effects of soft drink consumption on children’s cognitive development be a positive
or normative statement?
Short Answer
It is a positive statement.
Chapter 2: Q 7 (page 43)
Would a research study on the effects of soft drink consumption on children’s cognitive development be a positive
or normative statement?
It is a positive statement.
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Get started for freeIndividuals may not act in the rational, calculating way described by the economic model of decision making, measuring utility and costs at the margin, but can you make a case that they behave approximately that way?
Would an op-ed piece in a newspaper urging the adoption of a particular economic policy be a positive or
normative statement?
Why is a production possibilities frontier typically drawn as a curve, rather than a straight line?
Is the economic model of decision-making
intended as a literal description of how individuals,
firms and the governments actually make decisions?
What are four responses to the claim that people
should not behave in the way described in this chapter?
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