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If you were president, would you be more interested in your economic advisers positive

Chapter 2, Problem Problems and Applications 2.7

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QUESTION:

If you were president, would you be more interested in your economic advisers positive views or their normative views? Why?

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QUESTION:

If you were president, would you be more interested in your economic advisers positive views or their normative views? Why?

ANSWER:

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Positive views deal with the present scenario, what exists in fact. The views elaborate on ‘what is'. The normative views talk about ‘what should be’. It relates to ethical, philosophical, ideal judgements at times.

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