The statement "It is better to suffer a little more unemployment than a little lower prices" is an example of normative economic analysis.

Name: The statement "It is better to suffer a little more unemployment than a little lower prices" is an example of normative economic analysis.
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This statement expresses a value judgment about what is "better," rather than describing economic facts. It is an example of normative analysis, which deals with subjective opinions and preferences.

The Statement "It Is Better to Suffer a Little More