Positive analysis is concerned with "what ought to be," while normative analysis is concerned with "what is."
Correct Answer:
Verified
Q160: Economic models do all of the following
Q161: Which of the following is a macroeconomic
Q162: "The distribution of income should be determined
Q163: Which of the following is a microeconomic
Q164: Microeconomics is the study of
A)how households and
Q166: Which of the following is a normative
Q167: The branch of economics which studies the
Q168: Which of the following is a microeconomic
Q169: "An increase in the price of gasoline
Q170: Which of the following is a macroeconomic
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents