The headline in the local paper today is "College tuition next fall will be raised by 3 percent." This statement is an example of

Question

Quizplus · Accepted Answer

The statement is simply stating a fact about the increase in college tuition, making it a positive statement. A normative statement would express an opinion or value judgment, while a macroeconomic statement would relate to the overall performance of the economy. Ceteris paribus means "all other things being equal" and is not applicable in this statement.

The Headline in the Local Paper Today Is "College Tuition