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Business, 09.10.2019 19:00 vanna7353

Which of the following two statements involves positive economic analysis and which normative? how do the two kinds of analysis differ? a. gasoline rationing (allocating to each individual a maximum amount of gasoline that can be purchased each year) is a poor social policy because it interferes with the workings of the competitive market system. b. gasoline rationing is a policy under which more people are made worse off than are made better off.

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Which of the following two statements involves positive economic analysis and which normative? how...
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