normative thinking

What Are Examples Of Normative Economics?

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What Are Examples Of Normative Economics? Samples of normative economic statements include “Women should be provided higher school loans than men,” “Laborers should receive greater parts of capitalist profits,” and “Working citizens should not pay for hospital care.” Normative economic statements typically contain keywords such as “should” and “ought.” What is a normative example? For

What Is A Normative Statement Example?

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What Is A Normative Statement Example? Example: An increase in the minimum wage increases unemployment among teenagers. Normative statements. Normative statements contain a value judgment. They contain words such as ” have to ,” ” ought to ,” ” must ,” ” should ” or nonquantifiable adjectives such as “important,” that cannot be objectively measured.