Explain the difference between positive and normative economics. Give a real-time example of each that you found in doing some outside research.After doing some additional research on your own along w

Explain the difference between positive and normative economics. Give a real-time example of each that you found in doing some outside research.
After doing some additional research on your own along with the assigned reading on public goods, answer the following questions:
What are the two main characteristics of this type of good?
What is the biggest “problem” with allocating public goods?
Do you think the government should have a role in allocating public goods, or should goods be privatized?
Here’s a great site that offers definitions and examples of economic terms literally from A to Z;
https://tinyurl.com/6rxna6a
Use concepts from the modular background readings as well as any good quality resources you can find.
Cite all sources within the text and in a reference list at the end of the paper.
Length: 4–5 pages double-spaced and typed.







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