Positive economic statements , and normative economic statements . a. relate to whether outcomes are good or bad; are value-free statement

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23-08-2022
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Positive economic statements , and normative economic statements . a. relate to whether outcomes are good or bad; are value-free statement

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ayfat23 ayfat23 · Answer 1 · 2022-08-26T13:37:47+02:00

Positive economic statements are precise and normative economic statements are value-free statement.

What are positive and normative economic statements?

The positive economics statement can be described as one that is concerned with the development as well as the testing of positive statements.

While the Normative statements are been gotten as as result of opinion or a point of view because they are those statement that cannot be proven .

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Positive economic statements ________, and normative economic statements ________. a. relate to whether outcomes are good or bad; are value-free statement

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What are positive and normative economic statements?

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Positive economic statements , and normative economic statements . a. relate to whether outcomes are good or bad; are value-free statement