The Difference Between Positive Economic Statements and Normative Economic Statements

question 77

Multiple Choice

The difference between positive economic statements and normative economic statements is that

• A)both c and e are true
• B)positive statements are based on opinion while normative statements are based on fact
• C)positive statements are true and normative statements are often false
• D)positive statements are often false and normative statements are true
• E)positive statements are based on fact while normative statements are based on opinion

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Definitions:

Social Citizenship

The rights, duties, and privileges that are attributed to members of a society, particularly in terms of social welfare and participation in societal affairs.

Economic Security

Refers to the state of having stable income or other resources to support a standard of living now and in the foreseeable future.

Modern Welfare State

A concept in political science referring to a government that provides for the welfare of its citizens through programs such as healthcare, education, and social security.

Collective Violence

Acts of violence committed by groups of individuals, often driven by a common purpose or ideology.