Positive economics

Question-

Positive economics is an approach to economics that

1) seeks to understand behavior and the operation of systems without making judgements

2) analyzes outcomes of economic behavior, evaluates them as good or bad, and may prescribe prederred courses of action

3) applies statistical techniques and data to economic problems

4) examines the role of government in the economy

Posted Date: 2/28/2014 9:46:44 PM | Location : United Kingdom(UK)

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