QuestionJuly 12, 2025

Question 10 Write one positive statement and one normative statement relating to economics.

Question 10 Write one positive statement and one normative statement relating to economics.
Question 10
Write one positive statement and one normative statement relating to economics.

Solution
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Answer

Positive Statement: "The unemployment rate in the country is 5%." ### Normative Statement: "The government should reduce the unemployment rate to improve living standards." Explanation 1. Identify Positive Statement A positive statement is objective and fact-based, which can be tested or validated. 2. Identify Normative Statement A normative statement is subjective and opinion-based, reflecting personal beliefs or values.

Explanation

1. Identify Positive Statement<br /> A positive statement is objective and fact-based, which can be tested or validated.<br /><br />2. Identify Normative Statement<br /> A normative statement is subjective and opinion-based, reflecting personal beliefs or values.
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