Correct Answer: Objective analysis and empirical evidence

Solution : The correct answer is (b) Objective analysis and empirical evidence.

Positive economics is based on objective analysis and empirical evidence. It aims to provide a scientific and data-driven understanding of how the economy functions by analyzing economic data and facts. Positive economics seeks to describe and explain economic phenomena based on observable evidence, rather than subjective opinions, personal values, speculative predictions, or political ideologies.