Macroeconomics + Economy 2009 Update 18th Edition by Campbell McConnell, Sean Masaki Flynn,Stanley Brue

Exercise 12

NORMATIVE ECONOMICS - REPUBLICANS VERSUS DEMOCRATS Visit both the Republicans' www.rnc.org/ and the Democrats' www.democrats.org/ Web sites. Identify an economic issue that both parties address, and compare and contrast their views on that issue. Generally speaking, how much of the disagreement is based on normative economics compared to positive economics Give an example of loaded terminology from each site.