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Business, 08.10.2019 05:00 jmae811

Which of the following is an example of a positive, as opposed to normative, statement?  a. inflation is more harmful to the economy than unemployment is.  b. if welfare payments increase, the world will be a better place.  c. prices rise when the government prints too much money.  d. when public policies are evaluated, the benefits to the economy of improved equality should be considered more important than the costs of reduced efficiency.

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Which of the following is an example of a positive, as opposed to normative, statement?  a. inflat...
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