positive / normative statements
- Created by: courtroberts
- Created on: 08-03-17 09:34
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- positive / normative statements
- positive
- fact that can be tested
- can be proved or disproved
- objective and scientific explanations
- normative
- contains value judgements
- influence economic decision making and policy
- contain words like 'ought' / 'should'
- influence economic decision making and policy
- cannot be proved
- influence economic decision making and policy
- contain words like 'ought' / 'should'
- influence economic decision making and policy
- contains value judgements
- positive
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