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Concepts normative economics and positive economics

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Reference no: EM132617822

a. With specific examples in each case, differentiate between the concepts "Normative Economics" and "Positive economics".

b. With specific reference to the current state in Kenya as at 30th July 2020, discuss the normative and positive macroeconomics state of Kenya in relation to inflation and interest rates and how the same has affected the operations of the economy

Reference no: EM132617822

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