Answer to Question #282661 in Microeconomics for Faizi

Question

Which of the following statements are positive and

which are normative:

a An increase in productivity will increase living

standards.

b The government should raise taxes and spend the

money on providing additional healthcare services.

c Unemployment is efficient under some 

circumstances.

d Everyone should give to charity.

Answer 1

A and B are positive while C and D are normative