Multiple Choice
The principal distinction between positive analysis and normative analysis is that
A) positive analysis is useful and normative analysis is not useful.
B) positive analysis is optimistic and normative analysis is neutral.
C) economists always agree on the conclusions of positive analysis but could disagree on the conclusions of normative analysis.
D) positive analysis tells us "what is," but normative analysis tells us "what ought to be."
Correct Answer:
Verified
Correct Answer:
Verified
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