Respuesta :

Answer:

Positive statements are objective, normative statements are subjective

Explanation:

Positive Statements

  • Objective statements that can be tested or verified through evidence such as observation, data, or scientific analysis
  • Describe how the economy works or predict the consequences of certain economic actions or policies
  • Positive statements are based on facts and empirical evidence

Examples Of Positive Statements

  • Inflation rates have risen by 2% over the past year

Normative Statements

  • Subjective statements that express opinions, value judgments, or recommendations about what ought to be or what should be done
  • They involve subjective interpretations of data or values and cannot be tested or verified through observation alone
  • Reflect personal beliefs, preferences, or ethical considerations

Examples Of Normative Statements

  • The government should increase spending on education

Conclusion:

Hence, positive statements are descriptive statements about the economic world that can be verified through evidence, while normative statements are prescriptive statements that involve opinions

noorjahakhatun91

Answer:

Positive statement in economics

1).Positive economics is objective and fact based.

2).Positive economic statements must be able to be tested and proved or disproved.

Normative statement in economics

1).normative economics is subjective and value based.

2).Normative economic statements are opinion based, so they cannot be proved or disproved.