The difference between positive statements and normative statements is that
A) a positive statement involves a value judgment and a normative statement is a statement of fact.
B) a positive statement is a statement of fact and a normative statement involves value judgments.
C) value judgments are made in normative statements but assumed in positive statements.
D) normative statements are provable while positive statements are not.
Correct Answer:
Verified
Q310: All of the following are positive statements
Q311: Which of the following is a normative
Q312: A positive economic statement is one that
A)
Q313: Normative economics
A) is never studied at the
Q314: Economics seeks to use only positive analysis
Q316: Which one of the following is an
Q317: The President's statement that "to encourage economic
Q318: Which of the following is NOT a
Q319: Which of the following is a positive
Q320: The headline in the local paper today
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