this is not an academic integrity

to apply the concepts of normative and positive statements to economic discussions; to demonstrate understanding of the construction and use of national account concepts. You may want to review the discussion of the scientific method and positive and normative economics on pages 3-4, and the shortcomings discussion

Task:Makeone substantive but succinct post to the Activity 3: Positive vs. Normative Statements Forum. Consider the following hypothetical conversation between some students about the day's lecture:

Student One: "Gross Domestic Product has many shortcomings as a measure ofwell-being but at least it is perfect as a measure of total national output."

Student Two: "That's not true. It has several flaws, even as a measure of output."

Student Three: "That's right. We shouldn't use GDP for anything."

For your post, for each statement (3.33 points each):

1. Say whether it is a positive statement or a normative statement.
2. If it is a positive statement, explain whether it is true or false.
3. If it is anormativestatement, say whether you agree or disagreewiththestatementand why.