Welfare Economics is generally accepted as
A)Positive science
B)Normative science
C)Both of the above
D)None of the ab

Name: Welfare Economics is generally accepted as A)Positive science B)Normative science C)Both of the above D)None of the ab
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Question

Quizplus · Accepted Answer

Welfare economics is considered a normative science because it evaluates economic policies and situations based on value judgments about what is good or desirable for society, rather than just describing and analyzing economic behavior and relationships.

Welfare Economics Is Generally Accepted as