Social Sciences, asked by blackbear, 9 months ago

what is positive and normative economics?​

Answers

Answered by gracy55
1

Answer:

normative economics is the former one is based on facts and the latter one is based on values, judgments, and opinions. ... The statements under positive economics are objective in nature. The statements under normative economics are subjective in nature.


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gracy55: that's long but wrong
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