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    Question

    The statement "Economics is what ought to be" pertains

    to which type of economics?
    A Positive Economics Correct Answer Incorrect Answer
    B Monetary Economics Correct Answer Incorrect Answer
    C Normative Economics Correct Answer Incorrect Answer
    D Fiscal Economics Correct Answer Incorrect Answer

    Solution

    The phrase refers to Normative Economics, which involves value judgments and opinions rather than factual data. This branch of economics focuses on what the goals of economic policy should be, making it subjective and value-based. 

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