Answer the following correctly and completely!!

Part III. Right (positive economics] or Wrong (normative economics) Direction: Write the word RIGHT if the statement is positive or the word WRONG if the statement is normative in the space provided. 1. 8. 9. Philippines should allow importers to sell foreign-produced goods that compete with locally produced products. . We should reduce or eliminate inheritance taxes. . Abolishing corporate income tax will not help the government to raise its revenue. . Majority of Batch 2010 graduates do not have permanent work. . The national deficit this past year breached the P280 billion mark according to NEDA. . Free trade policy raises the wages of most Filipinos. The government should subsidize and regulate the cost of higher education. There is a 100% impact of computers on productivity. Medical benefits to the elderly under Medicare should be available only to those with incomes below some threshold. 10. Number of hours determines the wage rate for unskilled workers. Part III. Right (positive economics] or Wrong (normative economics) 11. Philippines have now been upgraded by Moody's, Standard and Poors, Fitch, and Japan Credit Ratings Agency. 12. According to the BIR, we have around 1.7 million self- employed and professional taxpayers: lawyers, doctors, businessmen who paid a total of 9.8 billion pesos in 2010. 13. The government should institute 8: train more teachers 48 nurses. 14. Philippine Peso consistently appreciates in the past 3 years. 15. Pork Barrel of our senators and congressmen should be utilized in various projects that will improve the life of their constituents. 16.The Philippine Education System recently implemented its K to 12 programs. 17. Rodrigo Roa Duterte is the 16th President of the Republic of the Philippines. 18.The government should implement more awareness program regarding earthquake drills in preparation for the \"Big One.\" 19. The Philippine must improve more of its infrastructures and social services in preparation for the ASEAN Economic Integration. 20. Contractual employment should be abolished by the government