Answer:
Governments use normative economics, and businesses use positive economics.
Explanation:
Normative economics concentrates on the importance of economic equity, or what the marketplace 'should be' or 'ought to be' whether positive economics is based on experience and cannot be confirmed or disallowed, normative economics is established on worth judgments. An example of positive economics is, an increment in tax rates eventually results in a reduction in total tax wealth. On the other hand, normative economics is, unemployment hurts an economy more than inflation.
Answer:
But as for Jay's Treaty, it was once the Americans and Spanish who had been indignant about it. US residents felt that the treaty used to be too recommended to Britain and harmful to the US. Spain was once upset that the US was once forming treaties with its enemy, Britain, so they then signed Pickney's Treaty with the US to even matters up.
Explanation:
A patent is an exclusive right granted by country to allow the inventor to exclude others from making, using or selling their invention in that country during the life of the patent.
Answer:
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