Question 5 (1.25 points) Which of the following is NOT a normative statement? if the minimum wage is increased to $15 per hour unemployment among 15-24 year olds will increase sharply O if its minimum wage falls, Japan will be a better place the benefits to the economy of improved equity are less than the costs of reduced efficiency ()inflation is more harmful to Ghana than unemploymentQuestion 6 {1.25 points) Louise has spent $500 to buyr and repair a laptop, which she expects to sell for $600. She discovers that it needs an additional repair, which will cost $250. She can sell the laptop as it is now for $450. What should she do? 0 it doesn't matter which action she takes; the outcome is the same either was,f 0 never sell something for less than its cost 0 complete the repairs and sell the laptop 0 sell now and take the $450