Microeconomics
Microeconomics
2nd Edition
ISBN: 9781259813337
Author: KARLAN, Dean S., Morduch, Jonathan
Publisher: Mcgraw-hill Education,
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Chapter 1, Problem 23RQ
To determine

Whether a good economic model is more likely to address a positive statement or a normative. statement.

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Students have asked these similar questions
Should an economic model describe reality exactly?
what is the difference between a positive statement and a normative statement?
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