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[DOC File]Economics 104B, Section 3 - Lecture Notes
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Aug 20, 2018 · State (a) a positive economic statement of your choice, and then (b) a normative economic statement relating to your first statement. How do Economists use theories and models to understand economic issues? What are the three main goals of macroeconomics? What is scarcity? Can you think of two causes of scarcity? Can you think of any examples ...
positive statements and normative statements

[DOC File]CHAPTER 1
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1-6State (a) a positive economic statement of your choice, and then (b) a normative economic statement relating to your first statement. Student answers will vary. Example: (a) The unemployment rate is 4.8 percent; (b) the unemployment rate is too high.
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[DOCX File]College of Saint Benedict and Saint John's University
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1-6 State (a) a positive economic statement of your choice, and then (b) a normative economic statement relating to your first statement. Student answers will vary. Example: (a) The unemployment rate is 4.8 percent; (b) the unemployment rate is too high.
normative economic statements quizlet

Positive and Normative Statements | Microeconomics
A normative economic statement is an assertion of the way the world ought to be, in the sense that it is a value judgement or subjective opinion; one may agree or disagree with it, but the statement’s validity cannot be assessed against facts/evidence
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[DOCX File]Chapter 1
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An example of a normative economic statement is as follows: The price of milk should be Tk. 70 a gallon to give dairy farmers a higher living standard and to save the family farm. This is a normative statement because it depends on value judgments and cannot be proven true or false by comparison against real world data.
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[DOC File]1 - Solayman EWU
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More examples (don’t worry if you don’t understand the economics behind these statements, just be able to understand why a statement is positive or normative). Positive Statement: Lower taxes lead to higher consumption. Normative Statement: The government should take actions to raise consumption to increase output during a recession.
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Normative economic statement examples