Normative statements explained

• How do normative statements differ from positive statements?

  They express how the economy should be
• What do normative statements involve?

  Value judgments
• Why is "The government should increase taxes to reduce income inequality" a normative statement?

  It proposes what the government ought to do
• Which words are commonly used in normative statements?

  "Should," "ought," or "necessary"
• What preference does the statement about healthcare express?

  Healthcare access should be equitable
• What do value judgments express in normative statements?

  Opinions about what should be
• What is a normative statement?

  An opinion or value judgment
• According to the table, which type of statement is "Government has increased weekly working time by 8 hours?"

  Positive statement
• What is a positive statement?

  • Based on facts
  • Can be tested and verified
  • Objective
• What do normative statements focus on compared to factual statements?

  They focus on what should happen
• Which type of statement is "It is unfair to increase weekly working time by 8 hours?"

  Normative statement
• What distinguishes the statement "Government has increased working hours by 8" from "It is unfair to increase working hours"?

  The first is factual; the second is opinion-based
• What is a normative statement?

  • Based on opinions or value judgments
  • Cannot be tested or verified
  • Subjective
• What is a positive statement?

  A factual and verifiable statement
• What does the statement "Healthcare should be free for all" express?

  Value of equitable healthcare access
• What does the statement "Healthcare should be free for all citizens" reflect?

  The value that healthcare access is crucial
• How does a positive statement differ from a normative statement?

  Positive statements are factual; normative are opinion-based
• Why are normative statements important in shaping economic policy?

  They align policies with societal values
• What does the statement "Minimum wage should be increased to £10 per hour" suggest?

  It suggests government action to improve income
• What do normative statements express in economic policy?

  How things should be
• What belief does the statement "Government should reduce taxes on small businesses" reflect?

  It would boost entrepreneurship and job creation
• What is the significance of normative statements in economic policy?

  They reflect opinions on desired outcomes
• What do normative statements express about the economy?

  Opinions about how it should be
• What terms indicate that a statement is normative?

  Terms like "should," "ought," or "necessary"
• What is a normative statement?

  It expresses an opinion about what is best
• How do normative statements influence economic policy decisions?

  They shape decisions based on values
• What does it mean that normative statements are subjective?

  Different people have different views
• What type of statement is "I have two eyes"?

  It is a factual statement
• Which areas can normative statements impact in economic policy?

  Taxes, healthcare, and minimum wage
• What does assessing the validity of a normative statement involve?

  Checking consistency with widely held values
• How does a normative statement differ from a factual statement?

  Normative statements express opinions, not facts
• What influences people's views on normative statements?

  Values
• What is the significance of the subjectivity of normative statements?

  • No single "correct" normative statement exists
  • Reflects differing perspectives
  • Based on personal beliefs and societal values
• Why are normative statements important in discussions about economic policy?

  They guide decisions based on values and beliefs
• How might the statement "Healthcare should be free" be viewed differently?

  Valid for equity prioritizers, invalid for cost-efficiency
• Why is the validity of normative statements considered subjective?

  Because they are based on personal opinions
• What is the main criterion for judging normative statements?

  They are judged against values
• How can you illustrate a normative statement using colors?

  • "Red is the best color!" is a normative statement.
  • It's based on personal opinion.
  • "Blue is the best color!" is another normative statement.
• How might two people express differing normative statements about taxes?

  One supports lower taxes, another higher taxes
• What are normative statements compared to?

  What you like best