One Way to Characterize the Difference Between Positive Statements and Normative

question 50

Multiple Choice

One way to characterize the difference between positive statements and normative statements is as follows:

• A)Positive statements tend to reflect optimism about the economy and its future,whereas normative statements tend to reflect pessimism about the economy and its future.
• B)Positive statements offer descriptions of the way things are,whereas normative statements offer opinions on how things ought to be.
• C)Positive statements involve advice on policy matters,whereas normative statements are supported by scientific theory and observation.
• D)Economists outside of government tend to make normative statements,whereas government-employed economists tend to make positive statements.

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Definitions:

Marketer-To-Consumer

This term refers to marketing activities directed from businesses or marketers directly to the end consumers, bypassing any intermediaries.

Consumer-To-Marketer

A communication flow direction where consumers provide feedback or information directly to companies or marketers.

Electronic Dialog

A digital conversation or exchange of information through electronic means, such as email or messaging apps.

Informed Decisions

Choices made based on a thorough understanding of the relevant information, data, and knowledge.