Which of the statements below is/are normative?
A) Economists need to include more reality in their models.
B) Economists will use a model until it is refuted by someone.
C) Microeconomists study economic growth.
D) B and C

Question

Quizplus · Accepted Answer

Statement A expresses a value judgment about what economists should or should not do, making it a normative statement. Statements B and C are descriptive statements about what economists do and what microeconomists study, respectively, making them positive statements.

Which of the Statements Below Is/are Normative