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Determine whether each of the following items reflects positive analysis or normative analysis. The richest 1% of Americans should pay more taxes than the remaining
Determine whether each of the following items reflects positive analysis or normative analysis.
"The richest 1% of Americans should pay more taxes than the remaining 99%."
"A decrease in the supply of coconut will increase the price of German chocolate cake, a good for which coconut shavings are a key ingredient."
"Social welfare spending in Sweden occupies too large a portion of the national budget."
"The higher is the minimum wage, the higher the prices of goods and services are likely to be."
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