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What is positive and normative economics?

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What is positive and normative economics?
  • 2 answers

Baggu Singh 7 years, 10 months ago

Positive economics is facts n normative are ideals which are said for following ...use of should be /ought be/would be are used..for which you have to follow the ideals bt positive real which is being followed

Divya Dhariwal 7 years, 10 months ago

Positive economics deals with facts and figures Normative economics deals with value judgement
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