Question
b. Classify each of the following statements as positive or normative. Explain. i. Bahamas faces a trade-off between inflation and unemployment [2 marks] ii. The
b. Classify each of the following statements as positive or normative. Explain.
i. Bahamas faces a trade-off between inflation and unemployment [2 marks]
ii. The ECCB should reduce the interest rates [2 marks]
iii. St. Lucia ought to provide a pension for all citizens [2 marks]
iv. Higher tax rates discourage savings and working. [2 marks]
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The Economy Of Cities
Authors: Jane Jacobs
1st Edition
039470584X, 9780394705842
