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Chapter 2: Q. 6 (page 43)

Would an op-ed piece in a newspaper urging the adoption of a particular economic policy be a positive or

normative statement?

Short Answer

Expert verified

It is a normative statement.

Step by step solution

01

By definition, an op-ed of this type (in newspaper) is a normative statement.

The term op-ed means"opinions and editorials", it usually describes an opinion of the author.

hence, it is urging adoption of a economic policy that is not yet adopted. Therefore, describing how something should be

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Most popular questions from this chapter

Would an op-ed piece in a newspaper urging the adoption of a particular economic policy be a positive or

normative statement?

Explain why societies cannot make a choice above their production possibilities frontier and should not make a choice below it.

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Use this information to answer the following 4 questions: Marie has a weekly budget of \(24, which she likes to spend on magazines and pies.

If the price of a magazine is \)4 each, what is the maximum number of magazines she could buy in a week?
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