Normative economics deals with ____ and positive economics deals with ____.
A. what should be; what is
B. fiction; fact
C. microeconomics; macroeconomics
D. negative aspects; positive aspects
Answer: A
Economics
You might also like to view...
Which of the following is a primary objective of monetary policy?
A) achieving a zero natural rate of unemployment B) targeting a zero rate of inflation C) achieving price stability D) all of the above E) none of the above
Economics
What were some of the key features in terms of fiscal policy of the Stability and Growth Pact signed in 1997 by would-be members of the Euro?
What will be an ideal response?
Economics