Examlex
MATCHING
Match the person or term with the with the correct description.
-Patrick Henry
Normative Statement
A statement that expresses a value judgment about whether a situation is desirable or undesirable. It reflects opinions rather than facts.
Positive
Refers to factual statements or assertions that can be tested or verified.
Economic Growth
An increase in the production of goods and services in an economy over a period of time, typically measured by GDP.
Normative
Normative economics involves expressions of judgments or opinions on economic policies, reflecting values about what the economy should be like.
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