Economy, asked by simar3914, 9 months ago

what is meant by positive economics?
pls help​

Answers

Answered by Anonymous
4

Positive economics (as opposed to normative economics) is the branch of economics that concerns the description and explanation of economic phenomena.

↘️EXPLANATION ↙️

It focuses on facts and cause-and-effect behavioral relationships and includes the development and testing of economic theories.

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