Question

Identify whether each of the following statements are positive or normative. positive statement Answer Bank normative statement The unemployment rate in 2009 was higher than it was in 2018. The unemployment rate in 2009 was lower than it was in 2018. Economics courses ought to increase the amount of positive content they cover. If a company pays closer attention to its opportunity costs, this should result in higher profits. The price of oil should be increased because burning it has a negative impact on the environment. It is right for the government to continue to financially support third world countries through foreign aid programs.

          Identify whether each of the following statements are positive or normative.
positive statement
Answer Bank
normative statement
The unemployment rate in 2009 was higher than it was in 2018.
The unemployment rate in 2009 was lower than it was in 2018.
Economics courses ought to increase the amount of positive content they cover.
If a company pays closer attention to its opportunity costs, this should result in higher profits.
The price of oil should be increased because burning it has a negative impact on the environment.
It is right for the government to continue to financially support third world countries through foreign aid programs.

Identify whether each of the following statements are positive or normative.
positive statement
Answer Bank
normative statement
The unemployment rate in 2009 was higher than it was in 2018.
The unemployment rate in 2009 was lower than it was in 2018.
Economics courses ought to increase the amount of positive content they cover.
If a company pays closer attention to its opportunity costs, this should result in higher profits.
The price of oil should be increased because burning it has a negative impact on the environment.
It is right for the government to continue to financially support third world countries through foreign aid programs.

Added by Rebecca E.

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