The normative statement reflects opinions or beliefs, while a positive statement is based on facts.
What is a Positive & Normative statements?
This refers to the statements about economics that can be proven as being true or false by evidence while the later refers to statements that cannot by supported or refuted as they are value judgement such as opinions on how economies and markets should work.
Hence, the normative statement reflects opinions or beliefs, while a positive statement is based on facts
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