Question: 51A. Write down a normative statement that relates to economics. Next, change your statement to make it a positive one. 52A. Illustrate economic growth using


51A. Write down a normative statement that relates to economics. Next, change your statement to make it a positive one. 52A. Illustrate economic growth using a production possibilities curve {remember to label the axes}. What are two possible causes of economic growth? Advanced (Problems 53A-STA} 53A. To what extent is the organization of family,r based on the four Cs? Give examples of how each of the four Us is used to assign household chores to its members. What blend of the four Cs do you think is preferable, and why? 54.1%. Kant Skatte is a professional player in the National Hockey League. Beaeause he loved the game so much, Kant dropped out of high school and worked very hard to develop his physical strength and overcome his limitations. Eventually, he made it to the NHL. What data are needed to estimate Kent's annual opportunity costs. in dollars. of continuing to play in the NHL? 553. Does a high income level mean a higher stande of living? Why. or why not? 563.. Can an economy grow too fast? 1What might be some of the problems of high growth? STA. Suppose the country of Catalona produces leather shirts and leather moccasins whose production requires that same amount of leather and the same tools. Also, workers in Catalona are equally capable of producing either product. Draw a production possi bilities curve for Catalona and comment on its shape
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