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What is Exercises on Positive vs. Normative Economics about?

This document presents a series of statements and questions classified as belonging to the field of positive economics or normative economics. Positive economics refers to the causal relationships between economic variables, while normative economics involves value judgments about how the economy or economic policy should be. The document provides examples of both types of issues, identifying whether they refer to descriptions of economic facts or recommendations on how things should be.

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