Business, 09.09.2021 23:00 Bellaburrito

Classify each characteristic according to whether it describes positive economics or normative economics. a. Describes current economic events. positive economics normative economics b. Predicts how the economy will change as a result of specific events. positive economics normative economics c. Concerns over the effects of an economic decision on people and not on how they will feel about it or what they will believe about why the decision was made. positive economics normative economics d. Involves recommendations or arguments about what should be. positive economics normative economics e. Offers plans for what the economy should look like based on an individual's subjective values and beliefs. positive economics normative economics f. Is concerned with how a variety of moral or ethical questions should be solved. positive economics normative economics

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