Economy, asked by niharumane1, 7 months ago

statement related to economice​

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Answered by Anonymous
2

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Positive economics is objective and fact-based where the statements are precise, descriptive, and clearly measurable. ... Here's an example of a positive economic statement: "Government-provided healthcare increases public expenditures." This statement is fact-based and has no value judgment attached to it.

Normative economics aims to determine people's desirability or the lack thereof to various economic programs, situations, and conditions by asking what should happen or what ought to be. Therefore, normative statements typically present an opinion-based analysis in terms of what is thought to be desirable.

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Answered by ananya11102006
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economics means social science

hope it helps...

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