The government should reduce the petrol prices as a solution to the problem of inflation. Determine, what type of statement is this? a. Normative statement b. Positive statement c. Negative statement d. Mixed statement
The government should reduce the petrol prices as a solution to the problem of inflation. Determine, what type of statement is this? a. Normative statement b. Positive statement c. Negative statement d. Mixed statement
Economics (MindTap Course List)
13th Edition
ISBN:9781337617383
Author:Roger A. Arnold
Publisher:Roger A. Arnold
Chapter1: What Economics Is About
Section: Chapter Questions
Problem 26QP
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The government should reduce the petrol prices as a solution to the problem of inflation. Determine, what type of statement is this?
a.
Normative statement
b.
Positive statement
c.
Negative statement
d.
Mixed statement
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