Which are positive, which are normative? - Define positive statements and normative statements. Which are positive, which are normative?
- a cut in wages tends to reduce the number of people willing to work
- the government should reduce it ...
Microeconomic and Macroeconomic analysis - Find an article in a business magazine or journal (paper or online) and first summarize the facts presented in the article and then relate these facts to some microeconomics or macroeconomic concept t ...