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What is a normative economic statement

05/05/2021 Client: muhammad11 Deadline: 2 Day

Positive vs Normative Economic Statement
Subject
Economics

School
Grossmont College

Question Description
What is a positive economic statement? What is a normative economic statement? Provide a real world example of each (other than those given in the chapter). Please explain why each statement would be considered either positive or normative. Please include sources with your posting.

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