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Answer to Question #86610 in Microeconomics for Maxwell Sunday
Question #86610
Is Nigeria associated with positive or normative economy?
Expert's answer
Nigeria is associated with a normative economy. Most of its problems are hypothesized before establishing a solution to the problem. For instance, the country bases its value judgment on biased decisions while considering a desirable situation.
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#340153 on Dec 2023
#340153 on Dec 2023
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