Normative economics is characterized by which of the following?

Normative economics focuses on subjective statements about what ought to be, involving value judgments and opinions about economic policies and outcomes. This branch of economics is concerned with evaluations that express what is desirable or what should happen in the economy. For example, when discussing whether a certain level of government spending is too high or too low, the analysis is inherently based on personal beliefs, ethical considerations, and societal values rather than on measurable data or objective criteria.

In contrast, other aspects of economics, such as positive economics, emphasize data-driven analysis, empirical evidence, and universal economic laws, which are based on observable phenomena and lend themselves to scientific observation and analysis. Thus, the characteristic of normative economics clearly aligns with arguments based on opinion, as it involves subjective interpretations of what economic goals and policies are preferable.