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please, solve this problem Dene each of the following statements as the subject of positive economics or of normative economics. Explain briey. (a) The government

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please, solve this problem

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Dene each of the following statements as the subject of positive economics or of normative economics. Explain briey. (a) The government should impose taxes on imported goods to protect the jobs of domestic workers. (b) The Dow Jones reached a tremendously low level in January 2009. (c) It would be more equitable to index wages during ination. (d) Since 2004 Russia has run the budget surplus. (e) It is unfair that 20% of population lives below the poverty line. {f} Studies indicate that a higher minimum wage reduce employment opportunities for minimum wage workers. (g) Increasing the earnings of minimum wage employees is desirable, and raising the minimum wage is the best way to accomplish this. (h) Everyone should enjoy open access to health care. (i) Health care subsidies will increase the consumption of health care. (j) A decrease in the interest rate causes an increase in GDP. (k) The foreign trade decit is too high. {1) It is better for the federal government to have a balanced budget. Instruction: Do not rewrite the tasks, put you answers in the following table. Type of Analysis Explanations

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