What is a positive economic statement, Finance Basics

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What is a positive economic statement

Problem

1. What is a positive economic statement? What is a normative economic statement? Provide an example of each.

2. Is it important to build completely realistic economic models? Explain your response.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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