English, asked by bhooshanchand78, 4 months ago

explain the concepts of positive and normative economics with illustrations.....​

Answers

Answered by Anonymous
23

Question :

explain the concepts of positive and normative economics with illustrations.....

Answer:

Positive economics describes and explains various economic phenomena, while normative economics focuses on the value of economic fairness or what the economy should be. To put it simply, positive economics is called the "what is" branch of economics

Answered by mayanksaha9125
5

Answer:

fine........ .

nd u............

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