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Positive economics talks about the cause and effect relationship. Economics is a science as well as art. Positive Vs Normative Economics Positive Economics Economics Positive economics describes and explains various economic phenomena or the what is scenario. What is positive economics and norm…

Well in this section we will take some examples of positive economics and will explain why we call them positive economics statements. Positive economics is a modern engaging insightful and exam focused package embracing the new specification. Positive Economics Vs Normative Economics Know The T…