Economy, asked by vaishsanjana67, 5 months ago

distinguish between positive economic and normative economic

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Answered by Mady420

Answer:

positive mean exact value of data is present which can be verified.

Normative mean opion which can't verified.

Answered by taniya00

Answer:

Normative economics focusses on the value of economic fairness, or what the economy "should be" "or ought to be". why positive economic is based on fact and cannot be approved or disapproved , narrative economic is based on value judgement.

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distinguish between positive economic and normative economic​

Answers

distinguish between positive economic and normative economic