Macroeconomics 1st Edition by Dean Karlan,Jonathan Morduch

Exercise 35

Determine whether each of the following statements is positive or normative. (Remember that a positive statement isn't necessarily correct; it just makes a factual claim rather than a moral judgment.) a. People who pay their bills on time are less likely than others to get into debt.
b. Hard work is a virtue.
c. Everyone should pay his or her bills on time.
d. China has a bigger population than any other country in the world.
e. China's One-Child Policy (which limits families to one child each) helped to spur the country's rapid economic growth.
f. Lower taxes are good for the country.