Warning: foreach() argument must be of type array|object, bool given in /var/www/html/web/app/themes/studypress-core-theme/template-parts/header/mobile-offcanvas.php on line 20

Would an op-ed piece in a newspaper urging the adoption of a particular economic policy be a positive or normative statement?

Short Answer

Expert verified

Newspaper content urging adoption of a particular economic policy is a Normative Statement

Step by step solution

01

Positive & Normative Economic Concept 

Positive Economics include statements that show the actual position, it shows how things really are.

Normative Economics include statements that denote an ideal solution statement, it shows how things should be.

Positive Economics denotes Economic problems, Normative Economics denotes Economic solutions.

02

Detailed Explanation 

Examples of Positive Economics : What is the actual National Income, Employment, Poverty etc.

Examples of Normative Economics : What should be the desirable (targeted) National Income, Employment Poverty etc.

So, the newspaper article - recommending why & how an economic policy should be adopted - is a Normative Economic Statement.

Unlock Step-by-Step Solutions & Ace Your Exams!

  • Full Textbook Solutions

    Get detailed explanations and key concepts

  • Unlimited Al creation

    Al flashcards, explanations, exams and more...

  • Ads-free access

    To over 500 millions flashcards

  • Money-back guarantee

    We refund you if you fail your exam.

Over 30 million students worldwide already upgrade their learning with Vaia!

One App. One Place for Learning.

All the tools & learning materials you need for study success - in one app.

Get started for free

Study anywhere. Anytime. Across all devices.

Sign-up for free