Question

Which of the following is a normative statement? options:

Winters in Arkansas are too cold. In January,

the average temperature in Fargo, North Dakota, is 56 degrees.

The current exchange rate is 0.7 British pounds per U.S. dollar.

On average, people save 15% when they switch to GEICO

Answer 1

Positive economics is generally supported by facts

It is not the judgement

It is simply describing in nature

Opposite to it is normative economics which is based on judgement

It means ought to be

It is not supported by facts

In option B the average temperature of Fargo, North Dakota is 56 degree centigrade

It means it is a real fact

Same goes with the option C in which the current exchange rate is 0.7 British pounds per US dollar

In option d it is also positive statement because supported by facts

But in option A, it is an opinion or the judgement in which it is said that the winters in Arkanas is too cold

some people find it too cold and some may not .

Answer is option A