"Inflation is less of a problem, over the long term, than unemployment." is an example of:
A)a positive statement.
B)a normative statement.
C)a statement that could never be true.
D)a statement that suffers from a logical error.
E)none of the above.

Question

Quizplus · Accepted Answer

This statement expresses a value judgment about the relative importance of inflation and unemployment, making it a normative statement. It cannot be empirically proven or disproven through observation or measurement.

"Inflation Is Less of a Problem, Over the Long Term