Essay On Positive Economics Statements

Essay About Positive Economics And Positive Economics Statements
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Economic Growth Case Positive economics involves objective and facts based statements. However, this doesnt mean positive economics statements have to be correct; they must be tested and proved or disproved. In Milton Friedman book, Essays in Positive Economics (Friedman, 1953), he mentioned that economic policy should depend less on normative economics and rather concentrate more.

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