One of the following statements is an example of a positive statement. Which one is it?O A. Vote Democrat.O B. We should save more.O C. The minimum wage has stagnated for a decade.O D. Brazil has too much poverty. A possible headline from the local media is:"The government should ban hand guns"This headline provides an example of aO A. normative statement about a microeconomic issueO B. non-economic positive statementO C. positive statement about a macroeconomic issueO D. positive statement about a microeconomic issueO E. non-economic normative statement

The statement which is subjective and based on value judgements and assumptions. Providing any view,…

One of the following statements is an example of a positive statement. Which one is it? O A. Vote Democrat. O B. We should save more. O C. The minimum wage has stagnated for a decade. O D. Brazil has too much poverty.

One of the following statements is an example of a positive statement. Which one is it? O A. Vote Democrat. O B. We should save more. O C. The minimum wage has stagnated for a decade. O D. Brazil has too much poverty.

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter2: Choice In A World Of Scarcity

Section: Chapter Questions

Problem 23CTQ: Do economists have any particular expertise at making normative arguments? In other words, they have...

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Question

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One of the following statements is an example of a positive statement. Which one is it?
O A. Vote Democrat.
O B. We should save more.
O C. The minimum wage has stagnated for a decade.
O D. Brazil has too much poverty.

A possible headline from the local media is:
"The government should ban hand guns"
This headline provides an example of a
O A. normative statement about a microeconomic issue
O B. non-economic positive statement
O C. positive statement about a macroeconomic issue
O D. positive statement about a microeconomic issue
O E. non-economic normative statement

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