An objective analysis of "what is"in the economy is referred to as
A) positive economics.
B) normative economics.
C) command economics.
D) implicit economics.

Name: An objective analysis of "what is"in the economy is referred to as A) positive economics. B) normative economics. C) command economics. D) implicit economics.
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Question

Quizplus · Accepted Answer

Positive economics focuses on objective analysis and factual descriptions of economic phenomena, unlike normative economics which involves value judgments.

An Objective Analysis of "What Is"in the Economy Is Referred