What is the difference between normative and positive statements?
a. Positive statements involve subjective value judgments; normative statements try to be objective.
b. Normative statements are concerned with what is; positive statements are all about what the goals of the economy should be.
c. Positive statements originate from classical economics; normative statements are rooted in Keynesian economics.
d. Positive statements are all about what is; normative statements are concerned with what the goals of the economy should be.