Normative statements describes how the world ought to be and depend on people's values and cannot be tested.
What are normative statements..??
"Normative statement are when economists make an argument over some theories or findings, they use different types of statements to explain their points. These statements can be positive or normative, based on their findings, their beliefs, and the facts."
"Normative statements are not made using facts and statistics as these are the opinions, ideas, and thinking of an individual on a specific issue. These statements provide information about what ought to be, and these statements cannot be tested, and these provide different values to different individuals."
Hence the correct answer is (ii) and (iii)
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