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Deffrent between positive and normative ?
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Deffrent between positive and normative ?
Positive economics is based on the development and practicing of positive statements about the world economy which is objective and provable, normative economy can be defined as an opinion, estimation or a point of view.positive economics tend to ask “what is” and normative economics tend to ask” What ought to be.” Positive statements can be tested by theoretically or in practice, but normative statements can never be tested. This is the main difference between positive and normative economics
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Deffrent between positive and normative ?
Positive economics deals with the problems what is ,what was and normative economics deals with the result what it ought to be
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Deffrent between positive and normative ?
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Deffrent between positive and normative ? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Deffrent between positive and normative ? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Deffrent between positive and normative ?.
Deffrent between positive and normative ? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Deffrent between positive and normative ? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Deffrent between positive and normative ?.
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