Positive Economics Is

question 71

Multiple Choice

Positive economics is:

• A) subjective.
• B) neither objective nor subjective.
• C) more objective than normative economics.
• D) more subjective than normative economics.

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Definitions:

Oral Stage

In Freudian psychoanalytic theory, the first stage of psychosexual development, where the mouth is the primary source of gratification.

Infancy

The period in human development from birth to the age of two, characterized by rapid physical growth and cognitive development.

Fixated

A psychological term referring to an obsessive interest or focus on a particular object, activity, or stage of development.

Anal Stage

A phase in Freudian psychosexual development when a child finds pleasure in controlling bowel movements, typically occurring between 18 months and 3 years of age.