Question

distinguish between positive and normative economics with examples

Answer 1

hope this will help you

Answer 2

Positive economics

(1) Price in Indian economy are constantly rising.

(2) there are inequalities of income in our economy.

(3) In India unemployment is growing

Normative economics.

(1) Indian economy should take steps to control rising price.

(3) Inequalities of income is our economy should be reduced.

(3) In India unemployment should be checked.