Question

characteristics of positive statment​

Answer 1

Explanation:

Positive statements refer to what is and contain no indication of approval or disapproval. When values or opinions come into the analysis, then it is in the realm of normative economics. A normative statement expresses a judgment about whether a situation is desirable or undesirable, which can carry value judgements

Answer 2

Positive statements refer to what is and contain no indication of approval or disapproval.

When values or opinions come into the analysis, then it is in the realm of normative economics.

A normative statement expresses a judgment about whether a situation is desirable or undesirable, which can carry value judgements.

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