Question

normative economics deals with ____ and positive economics deals with ____.
a. negative aspects; positive aspects
b. microeconomics; macroeconomics
c. fiction; fact
d. what should be; what is

Explanation:

Normative economics focuses on value judgments about economic outcomes, addressing what the economy or policies should be. Positive economics is objective, describing and explaining economic phenomena as they are, focusing on factual statements about what is.

Answer:

d. what should be; what is