Person One: "Housing costs are too high for people with modest incomes. The government should impose rent controls."

Person Two: "That would cause a shortage of affordable housing."

Person Three: "Then instead of rent controls, the government should provide housing subsidies to low-income households."

Person Four: "Well, if, instead, the Government provided incentives for businesses to build low-income housing, there would be more housing, and it would be cheaper.

For your post (you may want to review the discussion of positive and normative economics on page 6 of the text), for each statement:

• Say whether it is normative or positive.
• If normative, say whether you agree or disagree and explain your reasoning. If positive, say whether it is true or false and explain your answer.