Economy, asked by mythilisanjay18, 8 months ago

define positive economics and write it's two characterstics​

Answers

Answered by neelaaruna2020
2

Explanation:

Positive and Normative Economics:

An economist uses positive economics to describe the world as it is, using objective methods and fact-based statements. Normative economics refers to prescription. An economist relies on subjective statements to explain how the world should be.

Answered by Arianators
1

Answer:

Positive and Normative Economics:

An economist uses positive economics to describe the world as it is, using objective methods and fact-based statements. Normative economics refers to prescription. An economist relies on subjective statements to explain how the world should be.

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