A difference between normative and positive analysis is that…
a. only normative analysis...
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Business, 11.02.2020 19:59 babygirl091502
A difference between normative and positive analysis is that…
a. only normative analysis is relevant for choosing among policy options.
b. positive analysis deals with facts and cannot be a source of disagreement.
c. positive analysts ask: "What will happen if they do such and such?" Normative analysts ask: "What do we want to happen?"
d. normative analysis is ignored by economists because they have no expertise in making value judgments.
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