Positive economics is an approach to economics that
A) seeks to understand behavior and the operation of systems while making judgments about their usefulness to society.
B) analyzes outcomes of economic behavior, evaluates them as good or bad, and may prescribe preferred courses of action.
C) seeks to understand behavior and the operation of systems without making judgments.
D) examines the role of government in the economy.

Question

Quizplus · Accepted Answer

Positive economics focuses on describing and explaining economic phenomena without making normative judgments about them, unlike normative economics, which involves value judgments and recommendations.

Positive Economics Is an Approach to Economics That