Answered: Dick Durbin's website: America now owes…

Macroeconomics: Private and Public Choice (MindTap Course List)

16th Edition

ISBN:9781305506756

Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson

Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson

Chapter2: Some Tools Of The Economist

Section: Chapter Questions

Problem 14CQ

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Question 04: Positive or Normative statements? Indicate whether each of the following statements is a positive or normative economic statement:

Statement from our Illinois Senators websites…

Dick Durbin's website: America now owes over $14 trillion to our creditors.

Referring to the above statement Durbin states: This is simply unsustainable.

Tammy Duckworth's website: The Family and Medical Leave Act, known as FMLA, [gives] some new parents the opportunity to take up to 12 weeks of unpaid leave.

Duckworth later states: we should pass common-sense legislation to make the workplace more accommodating for working parents.

Question 5 options:

A)	in order: positive, positive, normative, normative

B)	in order: normative, positive, normative, positive

C)	in order: positive, normative, positive, normative

D)	in order: normative, normative, positive, positive

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