Economists use ____ economic analysis to understand an individual market. They then use ____ economic analysis to guide future national economic policy.
A) b and d
B) macro; micro
C) positive; normative
D) normative; positive

Question

Quizplus · Accepted Answer

Positive economic analysis is used to understand individual markets, while normative economic analysis is used to guide future national economic policy.

Economists Use ____ Economic Analysis to Understand an Individual Market