Problem
During 2004, some economists argued that the Federal Reserve should undertake policies to slow the economic expansion in the United States in order to ensure low inflation. Other economists opposed such policies, arguing that the dangers of inflation were exaggerated and attempts by the Federal Reserve to slow the economy would lead to higher unemployment. Is this a disagreement about positive economics, or about normative economics? Explain.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.