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Economics

Difference between the normative statement and positive statement

Roshan Zameer

ACCA Professional

★ 24K+

21-Apr-20 13:13

430

Answers (2)

Positive statement is one which derives only fact without considering any morality like what we ought to do. But Normative statement consider moral things like what you should do.A past bid for human organs on eBay was economically positive but it's not good for mankind so It was banned