Positive economics
a. postulates relationships among economic variables that are potenti...
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Business, 17.01.2020 23:31 jessicascott120305
Positive economics
a. postulates relationships among economic variables that are potentially refutableby real-world events.
b. is strictly quantitative and is, therefore, of little value to policy makers.
c. will usually indicate which economic policy is best.
d. is the same as normative economics.
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