Principles of Macroeconomics (MindTap Course List)
Principles of Macroeconomics (MindTap Course List)
7th Edition
ISBN: 9781285165912
Author: N. Gregory Mankiw
Publisher: Cengage Learning
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Chapter 2, Problem 6QCMC
To determine

Positive and normative statements.

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The rich should pay higher income tax rates than the poor" is an example of a_________. a. Normative statement b. Theory statement c. Positive statement d. Descriptive statement
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1. Which of the following is not a normative statement?a. The military budget should increase at the same rate as GDP.b. The government should play a limited economic role, ensuring that private contracts are enforced.c. Integrated schooling has increased the level of literacy among minority groups.d. A tax on imported oil should be used to reduce the government deficit.
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