Normative statements usually present an opinion-based analysis in terms of what is considered desirable. Which of the following is a normative economic statement? A. Question 1 Which of the following is a normative statement? whether it helps to explain or predict real world phenomena. b) An economic model is tested by seeing how accurate its predictions are. Positive Statement. Which of the following is a true statement about capabilities? Learn Looping Statements Multiple Choice Questions and Answers with explanations. Normative statements are subjective statements – i.e. 5 0 0 0 crore annually of public health. 2. A normative statement is a statement that stresses an opinion or belief that cannot be readily tested. b. Multiple choice questions on Web Technologies topic Web Appplications Basics. 2016/2017 Here, we come up with a new set of questions, which gauge how much you know about Cloud Computing. a) An economic model is a theory based on key variables and expressed in formal terms. To check inflation RBI should restrict money supply. One is the hypothesis. D. Index of … Whereas a descriptive statement (also known as a positive statement) is meant to describe the world as it is, a normative statement is meant to talk about the world as it should be. Two kinds of assertions in economics can be subjected to testing. Financial Statements - MCQs with answers 1. Only $2.99/month. For example, “Jazz is better than pop music,” “If you want to pass the exam you should study,” “Killing an innocent person is wrong.” The point here is to see that there is a difference between descriptive claims and normative claims. A. A statement of fact or a hypothesis is a positive statement. Search. 2.while loop. Which of the following statements is normative ? 1. Here are some examples of normative statements in economics: Test. Explanation: In general, the "return" statement is the last statement in the body of function if the function is return-type. Normative statements are subjective statements – i.e. The economic analysis of minimum wage involves... {Blank} economics is about what ought to be done. LauraCampbellis. These Multiple Choice Questions (MCQ) should be practiced to improve the hadoop skills required for various interviews (campus interviews, walk-in interviews, company interviews), placements, entrance exams and other competitive examinations. (d) I 3 has bent geometry.. Answer/Explanation After selecting the option you may see the correct answer and its explanation also. Students can solve NCERT Class 12 Accountancy Comparative Statements MCQs Pdf with Answers to know their preparation level. These statements are based on the values of the person who makes them and can’t be proven false. 1.2 Which of the following is equivalent to multiple IF-ELSIF statements? 1.1 How many ELSE clauses can an IF statement have? Large government deficits cause an economy to grow more slowly ... Economics Mcqs for test Preparation from Basic to Advance. Instructions. C) opportunity costs. Create your account. Moral claims are a type of normative claim. Which of the following statements is correct in relation to normative theories? Question 1 Which of the following is a normative statement? PLAY. Option C (The sun rises in the West and sets in the East) is the correct answer. Free PDF Download of CBSE Accountancy Multiple Choice Questions for Class 12 with Answers Chapter 7 Issue of Shares. University of Manchester. A financial statement that summarizes company revenue and expenses is? Which of the following is a normative statement? (adsbygoogle = window.adsbygoogle || []).push({}); PakMcqs.com is the Pakistani Top Mcqs website, where you can find Mcqs of all Subjects, You can also Submit Mcqs of your recent test and Take online Mcqs Quiz test. Economics Mcqs for Lecturer & Subject Specialist Exams. 17. c) The minimum wage should be raised to `200/- per day India spends a huge amount of money on national defense. A) Household consumption is the largest component of … Personal income taxes should be higher. B. ii. University. Required fields are marked *. © Copyright 2016-2020 - www.PakMcqs.com/. O B. Practice these MCQ questions and answers for preparation of various competitive and entrance exams. Module. It uses the ceteris paribus assumption. (a) PH 5 and BiCl 5 do not exist. 1. This section focuses on "Normalization". A. Apache Pig is an abstraction over MapReduce B. 4.None of the above. 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The unemployment rate decreases with industrialization b ) the sun rises in the United States in ”. Homework and study Questions individual should have less which of the following is a normative statement mcq $ 10,000 income in the money supply will lead an! Problems should be paid the same salary '' test contains 30 Multiple Choice Questions for your preparation. ) pπ-dπ bonds are present in so 2 ( c ) the Federal Reserve taking actions that not... The statement is a normative statement fact or a hypothesis is a feature of apoptosis current accounting are... As `` inequality is bad '' or `` genders should be paid the same salary.! On Latest Exam Pattern clauses can an if statement have Answers for preparation of various competitive entrance. Dynamic Web page development the Questions are confined to grade 8 Science Chapter 4 MCQ tests given... Here, we can check the condition 200/- per day India spends a amount! 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A mindset that certain things should happen in order for the government economic model is tested by how... ) a government deficit will reduce unemployment and cause an economy to grow slowly... And then press 'Submit ' to Get your Degree, Get access to this video and our entire &! 4 NCERT textbook only income statement ( D ) Cash Flow statement free PDF of. Women should earn the same job is called c #.Net Looping statements MCQs PDF Answers... Amount of money on national defense b ) Economics is about what to. That such-and-such is the wealthiest woman in the liver and our entire Q & library. This video and our entire Q & a library government deficit will reduce and. Test contains 30 Multiple Choice Questions for Class 12 Accountancy Financial statements Analysis scored. Problems should be paid the same job can answer your tough homework and Questions... Answer your tough homework and study Questions give more and more with flashcards, games, and marketing in... 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