Normative economics deals with
...Normative economics deals with
What is and not what should be
Facts and not figures
Facts and figures
Value judgements
Correct answer is D
Normative economics deals heavily with value judgments and theoretical scenarios.
The wages of a group of workers in dollars is stated below; 40, 30, 70, 20, 60, 10, 10, 80, 30, a...
An example of injection into the circular flow of income is ...
One way of solving the problem of scarcity that faces the individuals is for ...
Which of the taxes appear generally progressive in nature? ...
An ad valorem tax is imposed on ...
Personal savings are generally low in West Africa because of ...
One way of speeding up the economic development of a country is by encouraging ...