How are the concepts of positive and normative economics

Reference no: EM13763586

Write a 350- to 700-word paper explaining the following:

· Given the current pressures on China, Jamaica, and America expressed in the article, how would ethics play a role in decision making for financial, environmental, and cultural issues?

· How are the concepts of positive and normative economics reflected in this context?

· How do market efficiency, economizing, and the market system affect these ethical issues?

Format the paper consistent with APA guidelines

Reference no: EM13763586

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