Positive Statement refers to what is and contain no indication
of approval or disapproval. When values or opinions come into the
analysis, then it is in the realm of normative economics.
On the Other hand, A normative statement expresses a judgment about
whether a situation is desirable or undesirable, which can carry
value judgements.
for example, positive economics an increase in tax rates ultimately results in a decrease in total tax revenue”. On the other hand, normative economics unemployment harms an economy more than inflation.
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