The difference between a positive economic statement and a normative statement is that

ECONOMICS

Multiple Choice

The difference between a positive economic statement and a normative statement is that

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

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

c. a positive statement can be verified; a normative statement cannot

d. a normative statements can be verified; a positive statement cannot

e. a positive economic statement is a moral judgment; a normative economic statement is not a moral judgment

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