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The following is an example of a normative statement: The following is an example of a normative statement: Interest rates rose because inflation rose by
The following is an example of a normative statement: The following is an example of a normative statement: Interest rates rose because inflation rose by 3%. Because inflation is rising, you should buy Corporate Bonds. Economics is the study of the allocation of scare resources. Inflation has been rising at 5% the last 6 months
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