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Difference between positive and normative statements?
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Difference between positive and normative statements?
In positive economics issues are related to 1-past,present,future
2-what was,what is and what would
3-facts nd figure..

In normative economics issues are related to..
1-opinion of economics..
2-what ought to be..
3-involve value judgment
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Difference between positive and normative statements?
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Difference between positive and normative statements? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Difference between positive and normative statements? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Difference between positive and normative statements?.
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