In an interview an economist states,"This problem should be of greater concern to the federal government." We can explicitly put this statement in the category of
A) microeconomics.
B) macroeconomics.
C) positive economics.
D) normative economics.

Question

Quizplus · Accepted Answer

The statement is an example of normative economics because it expresses a value judgment about what the government should do, rather than stating a fact or prediction that can be tested or validated.

In an Interview an Economist States,"This Problem Should Be of Greater