Macroeconomics

posted by .

What is the primary difference between normative and positive economics?

A. Positive economics makes value judgments inappropriate to scientific research.
B. Normative economics is more firmly rooted in scientific tradition.
C. Governments use normative economics, and businesses use positive economics.
D. The goal of positive economics is to say what action people should take; this is not true in normative economics.
E. The goal of normative economics is to say what action people should take; this is not true in positive economics.


Do a little research, then take a shot.

  • Macroeconomics -

    Explain the difference between basic and market price used in the national accounts

Respond to this Question

First Name
School Subject
Your Answer

Similar Questions

  1. Economics

    What is the primary difference between normative and positive economics?
  2. home economics

    Unemployment rate is unacceptably high. Is this positive economics, normative economics, or art of economics and why
  3. economics

    Unemployment rate is unacceptably high. Is this positive economics, normative economics, or art of economics and why
  4. economics

    charts for positive and normative study
  5. College Macroeconomics

    Can someone who knows Macroeconomics check this?
  6. economics

    I need a quote for a positive and normative statement
  7. Economics

    4. Which of the following statements are positive in nature and which are normative?
  8. economics?

    If you were president, would you be more interested in your economic advisors' positive views or their normative views ?
  9. Economics

    Consumer spending rose 4.5% in the month of January. Could some one explain me this question, i don't get it 1)Positive 2)normative
  10. Economics

    How do Positive and Normative Economics affect decision-making?

More Similar Questions