Normative analysis is concerned with "what ought to be," while positive analysis is concerned with "what is."
Correct Answer:
Verified
Q152: Which of the following is a macroeconomic
Q153: What is an economic variable? Give an
Q154: Which of the following is a normative
Q155: Which of the following is a normative
Q156: Which of the following are positive economic
Q158: Which of the following is part of
Q159: The economic analysis of minimum wage involves
Q160: "The distribution of income should be determined
Q161: Of the following examples,which would most likely
Q162: Which of the following statements is true
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents