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Question Practice

What distinguishes positive economics from normative economics according to the book's plan?

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MCQ_SA
CBSE
Class 12
Economics
Introductory Microeconomics
Introduction
Question Bank

What distinguishes positive ec...

Single Answer MCQ
Q-00089303

What distinguishes positive economics from normative economics according to the book's plan?

1

Positive economics focuses on desirability, normative on facts

2

Positive deals with evaluations, normative with mechanisms

3

Positive is about how things are, normative is about how things should be

4

Both analyze individual economic behaviors

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