Positive economics is about:
A) verifying and confirming economic policy.
B) describing, explaining, or predicting economic events.
C) prescribing and making a claim on the economy.
D) making recommendations about what economic policy should be.
Correct Answer:
Verified
Q8: The difference between positive and normative economics
Q9: Which is a positive economic statement?
A) Shortages
Q10: Which is a positive economic statement?
A) The
Q11: Normative economics is about:
A) verifying and confirming
Q12: Positive economics is:
A) about morals and values.
B)
Q14: Which is an example of a normative
Q15: Which statement is an example of normative
Q16: Which is NOT a normative economic statement?
A)
Q17: A positive economic statement is:
A) a testable
Q18: Presidential campaign speeches about economic policy are
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