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Business, 28.07.2021 02:20 heroicblad

The distinction between normative and positive economic theory is: A. Normative theory can be proven by facts while positive theory cannot B. Normative theory is based on future expectations, positive theory deals with the present economic situation C. Normative theory is objective, positive theory is subjective. D. Normative theory deals with ethics while positive theory deals with causation. E. None of the above are correct distinctions.

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The distinction between normative and positive economic theory is: A. Normative theory can be proven...
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