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

The difference between a positive economic statement and a normative statement is that
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Solution Guide / Answer Key:

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

 

           FILE: MS WORD

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