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Economics

Explain the purposes economists disagree and using models of economics.

Using Models of Economics:

a. Positive economics

b. Normative economics

A forecast is an easy prediction of the future.

There are two major purposes economists disagree:

a. they may disagree about which simplifications to make in a model

b. they may disagree about values

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Macroeconomics, Economics

Category:- Macroeconomics
Reference No.:- M9581623

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