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  3. Choice in a world of scarcity
  4. Confronting objections to the

2.3 Confronting objections to the economic approach  (Page 13/14)

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    normative statement

    statement which describes how the world should be

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Source:  OpenStax, Principles of economics. OpenStax CNX. Sep 19, 2014 Download for free at http://legacy.cnx.org/content/col11613/1.11
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