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marmech12 marmech12
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A year ago
Which of the following best describes the relationship between positive and normative statements in economics?

▸ Normative statements are those with which all economists agree; positive statements may give rise to some disagreement.

▸ Normative statements evaluate the desirability of certain economic changes; positive statements do not.

▸ Positive and normative statements are alternate ways of describing the desirability of certain economic policies.

▸ Economists generally agree with each other regardless of whether a question is positive or normative.

▸ Neither positive nor normative statements are concerned with the desirability of certain economic changes.
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Microeconomics

Microeconomics


Edition: 17th
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jmmillerjmmiller
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A year ago
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