microeconomics?

Question

1.A normative statement
a.can be derived logically from facts
b.concerns what is provable
c.is a statement which is empirically testable
d.is one that involves a value judgment
e.has no place in the study and practice of economics

2.Variables
a.outline the conditions under which the theory applies
b.explain the relationship among hypotheses
c.are magnitudes that can take on different possible values
d.are deduced from the assumptions
e.provide an explanation of the variability of economic data

3.The slope of a horizontal line which intersects the Y axis is
a.positive
b.zero
c.increasing
d.decreasing
e.negative

Answer 1

1 d. is one that involves a value judgment
2 c.are magnitudes that can take on different possible values
3 b. zero