Your textbook distinguishes between positive and normative statements used in economics. Explain what these terms mean and
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Question:
- Your textbook distinguishes between positive and normative statements used in economics. Explain what these terms mean and provide a labour market example to illustrate. (3 marks)
- How has Covid changed our view of the rights of workers? Find two current (within 3 months) Canadian articles that show how the work environment has changed due to policies implemented during Covid. Summarize them in your own words, and explain how they relate to one of the categories found in page 50 of your textbook (Government Involvement in the Labour Market).(5 marks)
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