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2. The distribution of income is a topic that includes many positive and normative elements of economic analysis. Provide both normative and positive arguments in
2. The distribution of income is a topic that includes many positive and normative elements of economic analysis. Provide both normative and positive arguments in favor of each of the following tools of income redistribution. In your argument, be sure to define each of the tools of redistribution and be careful to mark your arguments as normative or positive. (21 points)
A. Transfer payments
B. Minimum wage legislation
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