Normative economic principles are concerned with how people ________ make decisions while positive economic principles are concerned with how people ________ make decisions.

Name: Normative economic principles are concerned with how people ________ make decisions while positive economic principles are concerned with how people ________ make decisions.
Brand: Quizplus
Rating: 4.9 (60 reviews)

Question

Quizplus · Accepted Answer

Normative economic principles describe how people should behave; positive economic principles predict how they will behave.

Normative Economic Principles Are Concerned with How People ________ Make