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Value Judgments
assessments based on personal views about the worth, beauty, or morality of something, rather than on measurable criteria.
Positive
Describes an approach or statement that is based on factual assertions or affirmative actions, often used in the context of economic analysis.
Normative
Refers to prescriptive concepts, reflecting beliefs about what ought to be rather than what is.
Positive
In the context of economics, a situation or correlation in which an increase in one variable leads to an increase in another variable.
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