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    Exam 1: Introduction: What Is Economics?
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    Positive Economics Answers the Question, "What Ought to Be?" Normative
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Positive Economics Answers the Question, "What Ought to Be?" Normative

Question 86

Question 86

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Positive economics answers the question, "What ought to be?" Normative economics predicts the consequences of alternative actions, answering the questions, "What is?" or "What will be?"

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