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Your textbook distinguishes between positive and normative statements used in economics. Explain what these terms mean and provide a labour market example to illustrate. (3
- Your textbook distinguishes between positive and normative statements used in economics. Explain what these terms mean and provide a labour market example to illustrate. (3 marks)
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Economics of Managerial Decisions
Authors: Roger Blair, Mark Rush
1st edition
134166167, 978-0134166162, 9780134140773 , 978-0133548235
