Explain the difference between positive and normative economics. Give a real-time example of each that you found in doing some outside research.
After reviewing the information listed on the background materials page, address the following questions in an essay or short-answer form. Support all your answers with references: 1. Explain the difference between positive and normative economics. Give a real-time example of each that you found in doing some outside research. 2. After doing some additional research […]