Directions : Write N if the statement is Normative economics and P if the statement is Positive economics. _____1. Low income class should receive free hospital care. _____2. Lowering the cost of borrowing will encourage people to borrow. _____3. Employees should pay less in taxes. For numbers 4-10 Analyze and categorize the following scenarios into microeconomics or macroeconomics.

_____________4. Household weekly budget _____________5. Government budget on public infrastructure _____________6. Total Philippine export to the USA.

_____________7. A manufacturer's operating expense for the past quarter. _____________8. Current unemployment rate.

_____________9. Trend on last year remittances

_____________10. Law on rice subsidy