Question: 1.Whatisutility? 2.Isthefollowingstatementnormativeorpositive? Explainyouranswerveryclearly,makingexactreferencetopartsofthesentence: Isthisnormativeorpositive? Economistsshouldspendmoretimestudyingthequestionofwhetherinflationwillincreaseordecreaseoverthenextsixmonths.

1.Whatisutility?

2.Isthefollowingstatementnormativeorpositive?

Explainyouranswerveryclearly,makingexactreferencetopartsofthesentence:

Isthisnormativeorpositive?

"Economistsshouldspendmoretimestudyingthequestionofwhetherinflationwillincreaseordecreaseoverthenextsixmonths."

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