Which of the following best describes the relationship between positive and normative statements in economics?
A)Normative statements are those with which all economists agree; positive statements may give rise to some disagreement.
B)Positive and normative statements are alternate ways of describing the desirability of certain economic policies.
C)Normative statements evaluate the desirability of certain economic changes; positive statements do not.
D)Neither positive nor normative statements are concerned with the desirability of certain economic changes.
E)Economists generally agree with each other regardless of whether a question is positive or normative.

Question

Quizplus · Accepted Answer

Positive statements are objective and deal with facts, while normative statements are subjective and evaluative. Normative statements are based on opinions or values and evaluate the desirability of certain economic changes, while positive statements do not make any judgments about what should or should not be done. Therefore, option C correctly describes the relationship between positive and normative statements in economics.

Which of the Following Best Describes the Relationship Between Positive