Economy, asked by shailajagupta03, 2 months ago

diff. bw. positive economic and normative economic 5 points​

Answers

Answered by ll5119507
0

Answer:

Explanation:

Positive economics is objective, whereas normative economics is subjective. ... Their functions can distinguish between positive and normative economics. Positive economics describes the cause and outcome of relationship among variables. On the other hand, normative economics provides value judgement.

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