Positive or normative Microecon

The federal government’s budget this year is the largest in history

Positive (P) or Normative (N)

• Positive

• Normative

Answer explanation

Positive because it can be proved

Positive (P) or Normative (N)

The national debt is at a manageable level and therefore is nothing to worry about.

• Positive

• Normative

Answer explanation

Normative - opinion based

The price of gasoline is higher than it needs to be.

• Positive

• Normative

Answer explanation

normative

Rising Canadian exports are creating many new

jobs in the country.

• Postive

• Normative

Answer explanation

Positive

The government should provide basic healthcare to all citizens.

• Normative

• Positive

Answer explanation

Normative

Government-spending on infrastructure increases public expenditures.

• Normative

• Positive

Answer explanation

Positive, can be proven to be factual