Which of the Following Is a Difference Between Positive Economics

question 68

Multiple Choice

Which of the following is a difference between positive economics and normative economics?

• A)Positive economics helps us understand an economy's response to a particular policy, while normative economics reflects value judgments.
• B)Positive economics helps us understand the positive effects of a policy change, while normative economics helps us understand the negative results of a policy change.
• C)Positive economics is a branch of microeconomics, while normative economics is a branch of macroeconomics
• D)Positive economics is a branch of macroeconomics, while normative economics is a branch of microeconomics.
• E)Positive economics is used by economists to evaluate the performance of an economy, while normative economics is used by governments to formulate economic policies.

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