One reason that economists usually engage in ________ economic analysis is because the question of fair division of resources is ________ to decide objectively.

Question

Quizplus · Accepted Answer

Economists usually engage in positive economic analysis because it focuses on objective and fact-based statements, which can be tested and validated, unlike normative economic analysis that involves subjective judgments about what ought to be, making it hard to decide objectively on the fair division of resources.

One Reason That Economists Usually Engage in ________ Economic Analysis