Making a prediction today about the world's population in twenty years based on current growth trends is an example of ▼ normative prescriptive positive economics. Advising the residents of a town to choose a toll road over a freeway extension due to a limited budget and high trucking usage is an example of ▼ normative prescriptive positive economics.

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12-09-2018
Business

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Making a prediction today about the world's population in twenty years based on current growth trends is an example of ▼ normative prescriptive positive economics. Advising the residents of a town to choose a toll road over a freeway extension due to a limited budget and high trucking usage is an example of ▼ normative prescriptive positive economics.

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pristina pristina · Answer 1 · 2018-09-21T17:22:45+02:00

Answer: Positive, Normative

Explanation: Positive economics is based on facts and objects that can be verified. While, normative economics is based on value based judgement that are difficult to verify.

Making a prediction today about the world's population in twenty years based on current growth trends is an example of positive economics.

Advising the residents of a town to choose a toll road over a freeway extension due to a limited budget and high trucking usage is an example of normative economics.