"The U.S. government should not use my tax dollars to subsidize people on welfare"
A) is a positive economic statement because it simply describes one person's opinion.
B) is a normative economic statement because it involves a value judgment about an economic policy.
C) is a positive economic statement because it predicts that my tax dollars will go to welfare.
D) is a normative economic statement because it is a scientific fact.
Correct Answer:
Verified
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A) generate testable
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Q299: The term or phrase most likely to
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Q302: Which of the following is a positive
Q303: Normative economic statements
A) are statements of "what
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Q305: Positive economics
A) always gives an optimistic spin
Q306: Which of the following is a normative
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