When we specify that economists should not be concerned with whether the society should use its resources towards producing medicines or machine guns, we consider economics as _____________.

positive

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normative

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both (a) and (b)

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neither (a) nor (b)

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Solution

The correct option is D positive
Positive science describes the matter of the presence of the subject with proven facts and figures with careful observations that does not contains valued judgement i.e. dos and don'ts for social welfare.

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