what is normative economics?
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Normative economics is a part of economics that is objective fairness or what the outcome of the economy or goals of public policy ought to be. Economists commonly prefer to distinguish normative economics from positive economics.
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Normative economics
Normative economics is a part of economics that is objective fairness or what the outcome of the economy or goals of public policy ought to be. Economists commonly prefer to distinguish normative economics from positive economics.
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