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While Positive Economics looks at trying to establish a theory ( like a cause - and - effect relationship ) based on facts from scientific
While Positive Economics looks at trying to establish a theory like a causeandeffect relationship based on facts from scientific research Nornat ve Econcrac: looks at:
establishing a principlebased on your ownt research and findings.
establishing a principle based on someone else's research
developing a structure of causeandeffect relationship based on observation.
establishing a statement based on one's opinion of how things aught to be
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