Multiple Choice
What is the difference between a positive economic statement and a normative economic statement?
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 statement can be verified; a positive statement cannot.
Correct Answer:

Verified
Correct Answer:
Verified
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