Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

Macro Economics: Introduction

Question:

In which economic analysis we study how the different mechanisms function in solving Central Economic Problems ?

Options:

Microeconomic Analysis

Macroeconomic Analysis

Positive Economic Analysis

Normative Economic Analysis

Correct Answer:

Positive Economic Analysis

Explanation:

In positive economic analysis, we study how the different mechanisms function, and in normative economics, we try to understand whether these mechanisms are desirable or not