People frequently confuse facts with judgments that are based on beliefs.This means that people have trouble making the distinction between:

Question

Quizplus · Accepted Answer

Positive statements are factual statements that can be tested and proven true or false, while normative statements are opinions or judgments based on personal beliefs or values. People often confuse normative statements with positive statements, leading to misunderstandings and disagreements. Therefore, the distinction between positive and normative statements is critical to correct understanding and analysis of economic issues.

People Frequently Confuse Facts with Judgments That Are Based on Beliefs.This