menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Principles of Macroeconomics Study Set 11
  4. Exam
    Exam 1: The Scope and Method of Economics
  5. Question
    Explain the Difference Between Positive Economics and Normative Economics
Solved

Explain the Difference Between Positive Economics and Normative Economics

Question 42

Question 42

Essay

Explain the difference between positive economics and normative economics.

Correct Answer:

verifed

Verified

Positive economics seeks to understand b...

View Answer

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q37: Graph the relationship between variables X and

Q38: Explain what is meant by allocative efficiency.

Q39: Describe what is meant by the Cartesian

Q40: Your younger brother likes to yell at

Q41: Describe what took place during the Industrial

Q43: Define the concept used in economics known

Q44: Explain why it is more likely that

Q45: When is it more expensive for a

Q46: Explain the difference between economic growth and

Q47: List and describe the two areas of

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines