Which of the following statements are examples of positive economic analysis? Which are examples of normative analysis? c. Florida should devote all revenues from its state lottery to improving public education. d. Eliminating the trade embargo with Cuba would increase the number of Cuban cigars available in the United States. e. As a public safety measure, the state of Texas should repeal legislation that allows people with concealed handgun permits to carry concealed weapons on college campuses.
Which of the following statements are examples of positive economic analysis? Which are examples of normative analysis? c. Florida should devote all revenues from its state lottery to improving public education. d. Eliminating the trade embargo with Cuba would increase the number of Cuban cigars available in the United States. e. As a public safety measure, the state of Texas should repeal legislation that allows people with concealed handgun permits to carry concealed weapons on college campuses.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Which of the following statements are examples of positive economic analysis? Which are examples of normative analysis?
c. Florida should devote all revenues from its state lottery to improving public education.
d. Eliminating the trade embargo with Cuba would increase the number of Cuban cigars available in the United States.
e. As a public safety measure, the state of Texas should repeal legislation that allows people with concealed handgun permits to carry concealed weapons on college campuses.
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