Economy, asked by nandiniprasad7231, 8 months ago

differentiate between positive issues and normative issues

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Answered by SECRETBRAINGIRL

Answer:

Normative economics focuses on the value of economic fairness, or what the economy "should be" or "ought to be." While positive economics is based on fact and cannot be approved or disapproved, normative economics is based on value judgments.

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differentiate between positive issues and normative issues​

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differentiate between positive issues and normative issues