
What is the difference between positive economic analysis and normative economic analysis? Give one example each of a positive and normative economic issue or question or statement.
Correct Answer:
Verified
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Q171: What is an economic variable?
Q172: Macroeconomics is the study of
A)how households make
Q173: "A decrease in the price of tablet
Q174: Which of the following are positive economic
Q175: Which of the following is a normative
Q177: Explain why economics is considered a social
Q178: "The distribution of income should be left
Q179: The branch of economics which studies how
Q180: Policies based on positive economic ideas tend
Q181: When Mr.Peabody decides on the companies to
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