"Unemployment of 5% is too high" is:
A)a normative statement.
B)a positive statement.
C)the circular-flow model.
D)an example of comparative advantage.

Name: "Unemployment of 5% is too high" is: A)a normative statement. B)a positive statement. C)the circular-flow model. D)an example of comparative advantage.
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Question

Quizplus · Accepted Answer

This statement expresses an opinion about what should be the case, rather than simply describing a fact. Therefore, it is a normative statement.

"Unemployment of 5% Is Too High" Is