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Normative Economics Questions "What Ought to Be?" While Positive Economics

question 102

True/False

Normative economics questions "What ought to be?" while positive economics predicts the consequences of alternative actions,answering the questions "What is?" or "What will be?"


Definitions:

Apathy

A lack of interest, enthusiasm, or concern; often manifested as indifference to activities, events, or individuals.

Overwhelmed

A feeling of being completely overcome or overpowered by emotions, circumstances, or physical demands.

Potentiating Pairings

A concept in psychology or pharmacology where two elements combined enhance each other's effects.

Venting

The act of expressing one's emotions or frustrations to relieve stress.

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