Questions and Answers
What is the nature of Economics according to the text?
Both an art and a science
How does Economics as a Science classify the relationship between cause and effect?
It deals with both positive and normative science
What does positive science in economics deal with?
The relationship between cause and effect by scientifically analyzing the problem
What is the focus of normative science in economics?
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What is the main characteristic of Science according to the text?
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