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    positive statements and normative statements

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    Define positive statements and normative statements. Which are positive, which are normative?
    - a cut in wages tends to reduce the number of people willing to work
    - the government should reduce its spending on highways and increase spending on railroads
    - high interest rates tend to prohibit people from buying their first home
    - bi family ought to pay more then 25% of their income in tax
    - the government ought to supply everyone with free medical insurance.

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    https://brainmass.com/economics/personal-finance-savings/positive-statements-normative-statements-98278

    Solution Preview

    - a cut in wages tends to reduce the number of people willing to work - positive
    - the government should reduce its spending on highways and increase ...

    Solution Summary

    The solution notes positive statements from normative statements.

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