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Positive economics deals with objective analysis and factual statements about economic phenomena, focusing on what is or what will be based on evidence and data. It seeks to describe and explain economic behavior without making value judgments. In contrast, normative economics involves subjective opinions and value-based statements about what ought to be, addressing questions of fairness, equity, and policy recommendations. Together, these two branches help to understand both the functioning of economies and the ethical implications of economic choices.
What else can I help you with?
Examples of positive economics?
what is positive economics and its examples
What the difference between positive economics and normative economics?
Positive Economics is the branch of economics that concerns the description and explanation of economic phenomena. Normative economics is the study of economics that attempts to determine the desirability of different economic conditions.
Classification of economics?
classification of economics 1-Applied economics 2-Theoretical economics i)Welfare economics ii)Positive economics(i-Micro economics,ii-Macro economics,iii-Mathematical economics)
What are the classifications of economics?
classification of economics 1-Applied economics 2-Theoretical economics i)Welfare economics ii)Positive economics(i-Micro economics,ii-Macro economics,iii-Mathematical economics)
What is positive economics?
As student in my economics classes would learn, economics statements can be either 𝘱𝘰𝘴𝘪𝘵𝘪𝘷𝘦 𝘦𝘤𝘰𝘯𝘰𝘮𝘪𝘤𝘴 or 𝘯𝘦𝘨𝘢𝘵𝘪𝘷𝘦 𝘦𝘤𝘰𝘰𝘯𝘰𝘮𝘪𝘤𝘴. The difference is that one of these would be statements of fact while the other would be opinion.
Is a positive plus a negative make a positive or a negative?
Positive + Negative = Negative Negative + Negative = Positive Positive + Positive = Positive Negative + Positive = Negative
What is a negative - positive?
Negative * positive = negative Positive * positive = positive Negative * negative = positive
Examples of positive economics?
what is positive economics and its examples
When was Essays in Positive Economics created?
Essays in Positive Economics was created in 1953.
How is dividing integers similar to multiplying integers with the resulting sign?
The rules for the sign (positive or negative) of the result of a multiplication is the same as division. For multiplication: Positive * Positive --> Positive Positive * Negative --> Negative Negative * Positive --> Negative Negative * Negative --> Positive For division: Positive / Positive --> Positive Positive / Negative --> Negative Negative / Positive --> Negative Negative / Negative --> Positive
If a negative is divided by a positive is it negative?
Yes. Negative/negative = positive Postive/Positive = positive Negative/Positive - negative
When multiplying numbers what do you do with the positive and negative signs?
Negative * positive = negative Positive * positive = positive Negative * negative = positive
When you divided a negative number by a positive number witth the answer be positive or negative?
A negative divided by a positive is negative. A negative divided by a negative is positive. A positive divided by a positive is positive. A positive divided by a negative is negative.
Negative plus a positive?
Negatives and Positives Positive + Positive = Positive Negative + Negative = Positive Negative + Positive = Negative Positive + Negative = Negative
How are multiplying integers and dividing integers alike?
a negative x a negative= a positive, a positive x a positive= a positive, a negative x a positive= a negative, and a positive x a negative= a negative. Same thing with division. a negative divided by a negative= a positive, a positive divided by a positive= a positive, a negative divided by a positive= a negative, and a positive divided by a negative is a negative. U see?
What does a positive and a neagive equal?
positive and a positive is a positive negative and a negative is a positive to answer your question: positive and a negative is a negative.
What is a negative multiplied by a negative?
negative*negative=positive negative/positive=negative negative\negative=positve negative-positive=change the sign to a plus and then change the number after the sign and get your answer negative +positive=which ever numbr is bigger minus positive+positive=positive
