Economy, asked by anjuurvi59, 11 months ago

_______ economics deals with the actual facts without making any value judgments

Answers

Answered by Anonymous
31

Answer:

Normative economic deals with the actual facts without making any value judgements.

Answered by viratgraveiens
0

Positive economics deals with the actual facts without making any value judgment.

Explanation:

Positive Economics is a distinction of Economics that predominantly focuses actual or practical facts,information,data and evidences to analyze or elucidate any economic phenomenon rather than focusing on theoretical/abstract assertions or value judgment.It focuses "what ought to be or what should be".Therefore,,positive economics mainly denotes a prescriptive economic connotation based on logical analysis of relevant facts and information rather than any theoretical argumentation.Hence,positive economics is commonly used in economic policy analysis and implementation.

Similar questions