When the president says that "High inflation rates are a much more serious economic problem than high unemployment rates," it is an example of
A) a normative statement.
B) an empirically proven fact.
C) a positive statement.
D) an irrational argument.

Question

Quizplus · Accepted Answer

The president's statement is a normative statement because it expresses a value judgment about what is a more serious economic problem. It cannot be empirically proven as being true or false, nor is it a positive statement that is based solely on observable facts. It is not necessarily an irrational argument, but rather a subjective viewpoint on economic priorities.

When the President Says That "High Inflation Rates Are a Much