What Is the Difference Between a Positive Economic Statement and a Normative

Multiple Choice

What is the difference between a positive economic statement and a normative one?

A) Positive economic statements are descriptive in nature, while normative economic statements are quantitative.
B) Positive economic statements are used to explain economic behaviour, while normative economic statements are used to predict economic behaviour.
C) Positive economic statements are descriptive in nature, while normative economic statements involve value judgments.
D) Positive economic statements involve value judgments, while normative economic statements are descriptive in nature.