Business, 14.06.2021 19:10, zitterkoph

Classify each of the following statements as positive or normative. Statement positive negative
Economic development should not take place at the expense of social justice.
The government can increase labor productivity by improving public education.
Society faces a short-run trade-off between inflation and unemployment.
The Federal Reserve should take action to lower the inflation rate.
The government must take action to reduce the unemployment rate.

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Classify each of the following statements as positive or normative. Statement positive negative