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The Difference Between Positive and Normativeeconomics Is That

Question 19

Multiple Choice

The difference between positive and normativeeconomics is that:


A) positive economics is what you are learning in school whereas normative economics is what you will
Learn in the real world.
B) normative economics is based on proven fact whereas positive economics is based on what should
Be)
C) positive economics describes, explains and predicts economic events, whereas normative economics
Recommends what economic policies should look
Like.
D) economists always use positive economics whereas politicians always use normative economics.

Correct Answer:

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