Question

each of the following statements may have appeared in popular media reports, indicate whether they are positive, normative, or both.
a. personal income fell in november to a seasonally adjusted rate of $1.079 trillion.
○ normative statement
○ neither a normative nor a positive statement
○ positive statement
○ both a normative and a positive statement
b. deregulation of the airline industry has failed.
○ both a normative and a positive statement
○ neither a normative nor a positive statement
○ normative statement
○ positive statement
c. limitations on the number of terms a president may serve are a good idea.
○ normative statement
○ both a normative and a positive statement
○ positive statement
○ neither a normative nor a positive statement
d. government policies to control inflation has no place in a free - market economy such as ours.
○ neither a normative nor a positive statement
○ positive statement
○ normative statement
○ both a normative and a positive statement

Explanation:

• a. This is a positive statement as it is a factual claim about personal income falling to a specific rate, which can be verified or refuted with data.
• b. The statement "Deregulation of the airline industry has failed" is a normative statement. It expresses a value - judgment about the outcome of deregulation, which is subjective and cannot be objectively proven right or wrong.
• c. "Limitations on the number of terms a President may serve are a good idea" is a normative statement as it is an opinion about what is good or desirable, which is subjective.
• d. "Government policies to control inflation has no place in a free - market economy such as ours" is a normative statement as it reflects a value - judgment about the role of government policies in a free - market economy.

Answer:

a. Positive statement
b. Normative statement
c. Normative statement
d. Normative statement