An example of a normative statement is:
A) The rate of unemployment is 4 percent.
B) A high rate of economic growth creates more jobs for the country.
C) The federal government spends half of its budget on national defense.
D) Everyone in the country needs to be covered by national health insurance.
Correct Answer:
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Q101: An example of a positive statement is:
A)
Q103: The statement that the minimum wage needs
Q104: The situation when we face alternative choices
Q105: Positive statements:
A) imply value judgments must be
Q107: An example of a positive statement is:
A)
Q108: The existence of alternative uses for a
Q109: Many disagreements among economists result because:
A) economists
Q111: Anything that has alternative uses has an
Q221: Statements that make value judgments are:
A)pecuniary.
B)positive.
C)nominal.
D)normative.
Q234: A normative statement deals with:
A)the facts.
B)what was,is,or
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