Determine whether each of the following statements is positive or normative. (Remember that a positive statement isnt

Question:

Determine whether each of the following statements is positive or normative. (Remember that a positive statement isn’t necessarily correct; it just makes a factual claim rather than a moral judgment.)
a. People who pay their bills on time are less likely than others to get into debt.
b. Hard work is a virtue.
c. Everyone should pay his or her bills on time.
d. China has a bigger population than any other country in the world.
e. China’s One-Child Policy (which limits families to one child each) helped to spur the country’s rapid economic growth.
f. Lower taxes are good for the country.
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Microeconomics

ISBN: 978-1259163531

1st edition

Authors: Dean Karlan, Jonathan Morduch

Question Posted: