Question

Which of the following statements is not true about positive and normative science ?

• A. Positive economics says nothing about the ends.
• B. Positive economics is not concerned with moral judgments.
• C. Positive economics is concerned with moral judgements.
• D. A normative statement involves ethical considerations.

Answer 1

The correct option is C Positive economics is concerned with moral judgements.

Positive statements refers to those statements that describe matters which have been proven through facts and figures after careful observations and are verifiable. It is not concerned with moral and ethical considerations and is free from value judgments.