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What is positive and normative economics.

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What is positive and normative economics.
  • 3 answers

Shaina Rajput 7 years, 2 months ago

Positive economics based on facts and figures and normative economics based on statements

Rikku Mahto 7 years, 2 months ago

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Ajay Gujjar 7 years, 2 months ago

In positive economics we see that how the different mechanisms work In normative economics we see that these mechanisms are desirable for us or not
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