Question

Making a prediction today about the​ world's population in twenty years based on current growth trends is an example of ▼ normative prescriptive positive economics. Advising the residents of a town to choose a toll road over a freeway extension due to a limited budget and high trucking usage is an example of ▼ normative prescriptive positive economics.

Answer 1

Answer: Positive, Normative

Explanation: Positive economics is based on facts and objects that can be verified. While, normative economics is based on value based judgement that are difficult to verify.

Making a prediction today about the​ world's population in twenty years based on current growth trends is an example of positive economics.

Advising the residents of a town to choose a toll road over a freeway extension due to a limited budget and high trucking usage is an example of normative economics.