What Is the Difference Between a Positive Economic Statement and a Normative

question 78

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.

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Definitions:

Interpersonal Interaction

The exchange of information, feelings, or meaning between two or more people through verbal or non-verbal communication.

Ruminate

The act of deeply thinking or pondering over something for a prolonged period.

Constructive Criticism

Feedback provided in a positive and supportive manner aimed at improving performance or behavior.

Defensiveness

A psychological reaction characterized by the refusal to accept criticism or suggestions, often resulting in a defensive posture or arguments to protect one's ego.