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.
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Lawrence in 1603. In the next year he was on the Bay of Fundy and had a share in founding the first French colony in North America—that of Port-Royal, (now Annapolis Royal, Nova Scotia). In 1608 he began the settlement that was named Quebec, selecting a commanding site that controlled the narrowing of the St.
D.)The great council could approve taxes proposed by the monarch
