Question 2Which one of the following statements is positive (as opposed to normative)?O Jimmy prefers rock music to classical music.Society would be better off if the level of air pollution were reduced.Vicki should spend more time studying physics.Poverty should be defined according to one's ability to meet a basic living standard.Question 3The difference between positive and normative economics is best summarized as saying thatpositive economics is descriptive, while normative economics is prescriptive.positive economics is pessimistic, while normative economics is optimistic.positive economics is objective, while normative economics is biased.O positive economics is biased, while normative economics is objective.

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Which one of the following statements is positive (as opposed to normative)? O Jimmy prefers rock music to classical music. O Society would be better off if the level of air pollution were reduced. O Vicki should spend more time studying physics. O Poverty should be defined according to one's ability to meet a basic living standard.