Identify Whether the Following Statements Are Positive or Normative Economic

question 22

Essay

Identify whether the following statements are positive or normative economic statements,and explain why you categorized them in that way.
(A)"The best way to improve the economic situation would be to decrease the unemployment rate by decreasing the interest rate."
(B)"The government increased taxes in order to decrease the budget deficit and improve economic growth."
(C)"Taxes on businesses decreased production in some industries in the short run."
(D)"The government should pursue a low-inflation policy by restraining the growth of the money supply."

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Definitions:

Dioecious

Referring to a plant species having male and female reproductive structures on separate individuals.

Motile Sperm

Sperm cells that are capable of movement, typically through flagella, to reach and fertilize an egg cell.

Monoecious

Describing plants that have both male and female reproductive organs on the same individual, allowing self-pollination.

Haploid Stage

The phase in an organism's life cycle where cells contain only one set of chromosomes, as opposed to diploid stages with two sets.