Explain How the Distinction Between Positive and Normative Economics Provides

question 102

Essay

Explain how the distinction between positive and normative economics provides insight as to why economists do disagree.

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Definitions:

Audience's Reaction

The response or feedback of a group of listeners or viewers to a speech, performance, or presentation.

Writing Process

A sequence of steps involved in producing a piece of writing, including planning, drafting, revising, and editing.

Primary Purposes

The main reasons or objectives for which something is done, such as informing, persuading, entertaining, or expressing feelings.

Inform

Inform means to provide information or knowledge to someone, making them aware of something.