Identify Whether Each of the Following Is a Positive or Normative

question 46

Essay

Identify whether each of the following is a positive or normative statement.(a) Should tuition fees increase, fewer students would obtain a post-secondary education.(b) The Prime Minister announced that Canada is the best place in the world to live.

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Definitions:

Articles Of Incorporation

These are legal documents filed with a governmental body to legally document the creation of a corporation.

Liquidated

Refers to the process of converting assets into cash or completing a transaction, such as settling debts.

Dollar Amount

The value of a transaction, asset, liability, or equity in terms of currency units.

Dividends

Payments made by a corporation to its shareholder members, usually derived from the company's earnings, representing a portion of the corporate profits paid out to investors.