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The Difference Between a Positive Economic Statement and a Normative

Question 15

Multiple Choice

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


A) a positive statement must be true, while a normative statement is often not true.
B) a normative statement must be true, while a positive statement is often not true.
C) a positive statement can be verified, while a normative statement cannot be verified.
D) a normative statement can be verified, while a positive statement cannot be verified.
E) a positive economic statement is a moral judgment, while a normative economic statement is not a moral judgment.

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