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The Difference Between Positive and Normative Economics Is That

Question 175

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The difference between positive and normative economics is that:


A) positive economics is what you are learning in school whereas normative economics is what you will learn in the real world.
B) normative economics is based on proven fact whereas positive economics is based on what should be.
C) positive economics describes, explains, and predicts economic events whereas normative economics recommends what economic policies should look like.
D) economists always use positive economics whereas politicians always use normative economics.

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