Examlex
A system of local government headed by an elected mayor and a city council, is a _______ system.
Macroeconomist
An economist who specializes in macroeconomics, studying aggregated indicators and the behavior of the economy as a whole, including inflation, unemployment, and economic growth.
Normative Statement
A statement that reflects an opinion, value judgment, or what ought to be, rather than what is empirically verifiable.
Positive Statement
An objective statement based on facts that can be tested and validated, used in contrast to normative statements which express opinions or what ought to be.
Normative Statements
Statements that express opinions, desires, or judgments about what should be, and do not make factual or objective claims.
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