. Suppose that an economist tells you that “People in Oman do not save enough out of their incomes”. This is an example of a ______________________ statement. a. A normative b. A positive c. A demand d. A negative

. Suppose that an economist tells you that “People in Oman do not save enough out of their incomes”. This is an example of a ______________________ statement. a. A normative b. A positive c. A demand d. A negative

Brief Principles of Macroeconomics (MindTap Course List)

8th Edition

ISBN:9781337091985

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter2: Thinking Like An Economist

Section: Chapter Questions

Problem 9QR

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13. Suppose that an economist tells you that “People in Oman do not save enough out of their incomes”. This is an example of a ______________________ statement.

A normative

A positive

A demand

A negative

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