186k views
3 votes
Determine if the following economists are using normative or positive analysis. Christine is writing her doctoral dissertation on why a real estate bubble bursts. In her writing, Christine is employing normative analysis Gregory is an advisor to the President who suggests implementing a package of economic policies in order to lower unemployment in the United States. Gregory is employing Policy makers sometimes ignore the advice of economic advisors. Why? O Because the economic advice of the leading economists is normative in nature, they exclude political bias that may run contrary to policy makers' goals. Because of the myriad of different perspectives and inputs the policy makers receives, the economic advice is only one part of the whole that must be considered when making economic policies. Because the economic advice of these individuals is positive in nature, in actuality, if policy makers listened and enforced the economic policies given to them by the top economists, the country would indeed be a better place. O

User Dkato
by
8.3k points

1 Answer

2 votes

Answer: hdmi 1

Step-by-step explanation:

User Slavoo
by
8.3k points
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories