Positive economics means:

CA Foundation · Business Economics · MTP · June 2024
Positive economics means:
(A) A. Does not depend on market interactions,
(B) B. only looks at the best parts of the economy.
(C) C. Examines how the economy works (as opposed to how it should work)
(D) D. is very subjective.

Suggested Answer and Working Notes:

Correct Answer: Option (C)

C. Examines how the economy works (as opposed to how it should work)

Topics: Nature & Scope of Business Economics

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