statements say something about how the world ought to be no

_____________ statements say something about how the world ought to be. -normative -positive -neither _____________ statements say something that describes how the world currently is. -normative -positive -neither

Solution

The statements that decribes what ought to be or what should be are referred to as normative statements.

In economic terms, normative statements deals with what ought to be or how the economic problems should be solved.

These statements provides for value judgments.

Thus,

normative statements say something about how the world ought to be.

The statements that describes things as they are or what their current situation is are referred to as positive statements.

In economic terms, positive statements deals with what are the economic problems and how they are actually solved.

These statements does not engage in value judgments.

Thus,

positive statements say something that describes how the world currently is.