Positive analysis is about:
A)what is.
B)the normalizing assumptions of an economic model.
C)what should be.
D)the forecast of a model.

Name: Positive analysis is about: A)what is. B)the normalizing assumptions of an economic model. C)what should be. D)the forecast of a model.
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Question

Quizplus · Accepted Answer

Positive analysis is concerned with describing and explaining economic phenomena as they are in reality, without making value judgments or stating what should or should not be the case.

Positive Analysis Is About