A newspaper editorial explaining what should be done to reduce the budget deficit is an example of
A)everything else held constant.
B)microeconomics.
C)functional economics.
D)positive economics.
E)normative economics.

Question

Quizplus · Accepted Answer

A newspaper editorial suggesting what should be done to reduce the budget deficit is an example of normative economics, as it involves subjective opinions and value judgments about what actions should be taken to solve the problem.

A Newspaper Editorial Explaining What Should Be Done to Reduce