Briefly explain which of the following statements represent positive analysis and which represent normative analysis. a. A

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Briefly explain which of the following statements represent positive analysis and which represent normative analysis.
a. A 50-cent-per-pack tax on cigarettes will lead to a 12 percent reduction in smoking by teenagers.
b. The federal government should spend more on AIDS research.
c. Rising wheat prices will increase bread prices.
d. The price of coffee at Starbucks is too high?
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Economics

ISBN: 978-0134106243

6th edition

Authors: R. Glenn Hubbard

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