131.Thomas Malthus’s model made the mistake of failing to consider:
A. technological progress.
B. inflation.
C. comparative advantage.
D. scarcity.
132.Which type of statement is most likely to include the word “should”?
A. Positive statement
B. Normative statement
C. Fair statement
D. Factual statement
133.A normative statement is generally based upon:
A. data that can be tested.
B. a factual claim.
C. moral beliefs.
D. scientific fact.
134.A factual claim about how the world actually works is a ______________ statement.
A. positive
B. marginal
C. irrational
D. normative
135.Economies that adopt more open trade policies have historically enjoyed faster economic growth rates as a result. This is an example of what kind of statement?
A. Marginal
B. Normative
C. Positive
D. Biased
136.”The United States should adopt more open trade policies because they historically have caused increased economic growth.” This is an example of what kind of statement?
A. Unequivocally true
B. Normative
C. Positive
D. Unequivocally false
137.People frequently confuse facts with judgments that are based on beliefs. This means that people have trouble making the distinction between:
A. political statements and non-political statements.
B. rational statements and irrational statements.
C. macroeconomics and microeconomics.
D. positive statements and normative statements.
138.A positive statement:
A. can actually be false.
B. must always be true.
C. provides an opinion with a positive outlook.
D. None of these is true.
139.Which of the following is an example positive statement?
A. The state government should allocate more funds toward education.
B. Teachers should be paid higher salaries.
C. Individuals with a bachelor’s degree earn higher average incomes than those with only a high school diploma.
D. The consumption of marijuana is unacceptable and should never be legally allowed in a society.
140.Which of the following is an example of a normative statement?
A. Our country’s defense budget should never be cut.
B. Immigration should be limited in the United States.
C. No person should have to live without basic health insurance.
D. These are all normative statements.
141.Which of the following is an example of a positive statement?
A. NCAA Football should have adopted a playoff system 10 years ago.
B. An increase in minimum wage results in higher teenage unemployment.
C. Teachers should be allowed to carry guns into the classroom.
D. Cats are better pets than dogs.
142.Which of the following is an example of a normative statement?
A. The American Recovery and Reinvestment Act should not have been passed during the Great Recession.
B. Unemployment soared to 25 percent during the Great Depression.
C. An increase in alcohol taxes will reduce the number of drunk driving accidents.
D. Great Britain has fewer hospital beds per capita today than they did in 1948.
143.Which of the following is a normative statement?
A. College tuition rates are rising.
B. 28 percent of U.S. adults have a bachelor’s degree.
C. The average income of a college graduate exceeds that of the average high school graduate.
D. State governments should pay for the first two years of college at public institutions.
144.Which of the following is an example of a normative statement?
A. The average price of a Whopper Jr. is $1.69.
B. The United States ought to adopt a flat rate personal income tax.
C. A higher percentage of prostitutes incarcerated in Miami test positive for AIDS when compared to registered prostitutes in Nevada.
D. Average growth in real GDP per year was 1.84 percent between 2000 and 2010.
145.A statement that “a hair stylist should not have to obtain a cosmetology license” is an example of what kind of statement?
A. Uninformed
B. Biased
C. Positive
D. Normative
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