Economists view normative statements as
A)prescriptive,making a claim about how the world ought to be.
B)descriptive,making a claim about how the world is.
C)statements about the normal condition of the world.
D)pessimistic,putting the worst possible interpretation on things.

Question

Quizplus · Accepted Answer

Normative statements express a value judgment or opinion about what should or ought to be done, rather than describing how things actually are. Therefore, they are prescriptive in nature.

Economists View Normative Statements as