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In economics, the difference between normative and positive is that: Normative economics focuses on individual markets Normative economics offers suggestions for improving economic policies Normative

In economics, the difference between normative and positive is that:

Normative economics focuses on individual markets

Normative economics offers suggestions for improving economic policies

Normative economics is an unbiased attempt to understand how the economy works

Normative economics looks at the "bigger picture"

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