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12 June, 14:51

What is the difference between a positive economic statement and a normative statement?

a. A normative statement can be proved; a positive statement cannot.

b. A positive economic statement is a moral judgment; a normative economic statement is not a moral judgment.

c. A positive statement must be true; a normative statement is often not true.

d. A normative statement must be true; a positive statement is often not true.

e. A positive statement can be proved; a normative statement cannot.

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  1. 12 June, 14:57
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    e. A positive economic statement can be proved; a normative statement cannot.

    Explanation:

    A positive economic statement are objective statement that can be tested, amended or rejected by referring to available evidence.

    this means in essence that a positive economic statement is prone to improvement when proven. it is not rigid

    a normative statement is subjective that cannot be changed. it is rigid.
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