GK
BUSINESS ECONOMICS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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____ analyses cause and effect relationship but does not pass any value judgment.
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Positive or pure science
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Normative science
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None of the above
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All of above
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Explanation:
Detailed explanation-1: -A positive or pure science analyses cause and effect relationship between variables but it does not pass value judgment. It states ‘what is’ and not ‘what ought to be’. Positive Economics is the one that simply states facts and uses empirical evidence. Economics only studies facts and makes generalisations from them.
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