Examlex
Malik has a master's degree and is interested in working on the causes of poverty. What type of professional is Malik most likely to become?
Normative Economics
A branch of economics that expresses value judgments about economic fairness or what the economy ought to be like.
Positive Economics
The branch of economics that concerns the description and explanation of economic phenomena.
Consequences
The outcomes or effects that stem from a particular action or decision, which can be intended or unintended and positive or negative.
Stability
The condition of an economy characterized by constant or predictable levels of growth, inflation, and employment.
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