Radio farda - Study guides, Class notes & Summaries

FSOT question and answers 2022/2022Laissez-faire capitalism the system where the government does not intervene in the government Normative economics the part of economics that expresses value or normative judgments about economic fairness or what the outcome of the economy should be (what economy should be) Positive economics positive economics or descriptive economics examines data that can be verified or proven. (what economy is) Macroeconomics economics dealing with t...