Indicate whether the each of the following questions is normative or positive: a. In the case of normal goods, will an increase in price lead to a decrease in quantity demanded? b. Should the...


Indicate whether the each of the following questions is normative or positive:


a. In the case of normal goods, will an increase in price lead to a decrease in quantity demanded?


b. Should the government provide homes for all citizens?


c. Is the rate of unemployment in Poland lower than the rate of unemployment in France?


d. How did the flood of 1997 affect housing prices in Wroclaw?


e. Should the rich be taxed at a far higher rate than the poor?



May 20, 2022
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