Reesa Rodior says: Data show that during the past decade the price of prescription drugs increased faster

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Reesa Rodior says: "Data show that during the past decade the price of prescription drugs increased faster than the rate of inflation. These drug prices are simply too high." Are her statements normative or positive, or both?

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Principles of Economics

ISBN: 978-1285064437

7th edition

Authors: Fred M. Gottheil

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Question Posted: Apr 21, 2015 09:28 AM

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Reesa Rodior says: Data show that during the past decade the price of prescription drugs increased faster

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The first is a positive statement It is a fact that during the 1990s the price of prescription drugs ...View the full answer

Principles of Economics

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