4. Positive economics describes economic facts the way they are, while normative economics deals with what they
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4. Positive economics describes economic facts the way they are, while normative economics deals with what they should be. Which analysis should you adopt when deciding whether or not to implement carbon tax measures to protect the environment?
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Related Book For
Environmental And Natural Resource Economics
ISBN: 9781315523965
10th Edition
Authors: Thomas H Tietenberg, Lynne Lewis
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