Whether to have more or less government involvement in the overall economy is essentially a
A)normative issue.
B)positive issue.
C)political issue,and therefore the techniques of economic analysis are not applicable.
D)positive or normative issue; it could be either.
E)both normative and positive issues.

Question

Quizplus · Accepted Answer

The question is asking about a value judgment on whether government involvement in the economy should be increased or decreased, which is a normative issue. The answer cannot be B or C because it is not solely a positive issue, nor is it outside the scope of economic analysis. While it could be both normative and positive, A is the best choice because it captures the essence of the question.

Whether to Have More or Less Government Involvement in the Overall