Normative Economics deals with
Answers
Answered by
1
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.
Answered by
0
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.
Similar questions
Chemistry,
1 month ago
Social Sciences,
1 month ago
Math,
1 month ago
Physics,
3 months ago
Science,
3 months ago
Social Sciences,
8 months ago