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mahan1994 mahan1994
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A year ago
Which of the following statements belongs more properly in the field of normative economics than positive economics?

▸ The price of one Canadian dollar is $0.85 U.S.

▸ Canadian governments should provide assistance to the auto industry.

▸ When a drought occurs, the price of vegetables tends to rise.

▸ Technological change has reduced the cost of cell phone service.

▸ An increase in the minimum wage leads to more unemployment.
Textbook 
Microeconomics

Microeconomics


Edition: 17th
Author:
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melryandionmelryandion
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A year ago
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