Question : Normative economics deals with:

Option 1: Economic data analysis

Option 2: Objective and value-free analysis

Option 3: Economic policies and ethical judgments

Option 4: Economic theories and models

Question : Normative economics is often based on:

Option 1: Objective analysis and empirical evidence

Option 2: Subjective opinions and personal values

Option 3: Economic theories and models

Option 4: Historical trends and patterns

Question : Normative economics is primarily concerned with:

Option 1: Analyzing economic data and trends

Option 2: Making value-free judgments about economic policies

Option 3: Evaluating economic theories and models

Option 4: Prescribing how the economy should function

Question : Positive economics is often associated with:

Option 1: Value judgments and moral considerations

Option 2: Economic theories and models

Option 3: Objective and value-free analysis

Option 4: Policy prescriptions and recommendations

Question : Normative economics focuses on:

Option 1: Describing economic theories and models

Option 2: Evaluating the impact of economic policies

Option 3: Predicting future economic trends

Option 4: Analyzing historical economic events