khaleesical183 khaleesical183

11-03-2022
Business

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Positive economics:Question 14 options:a) is the same as normative economics.b) describes opinions and perspectives on how the world should work.c) describes how the world does work.d) is based on opinion polls.

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waltereucken91 waltereucken91

11-03-2022

Answer:

C, describes how the world does work

Explanation

A fundamental distinction in economic analysis is between normative and positive economics. Normative economics describes what things ought to be, while positive economics describes what things are.

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