Question

What is normative economics?

Answer 1

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$\mathfrak{\blue{Q.}}$What is normative economics?

$\mathfrak{\blue{Ans.}}$ normative statements are those statements which are all about "what should be". They depends on our value judgement about what is good or what is bad.

Ex •- It is too hot today.

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Answer 2

HEY MATE HERE IS YOUR ANSWER

normative statements are those statements which are all about "what should be" they depends on our value judgement about what is good or what is bad.

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