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Question 1 (b): 1. ( LO 8) Match the letters on the left with the numbers on the right. Place the correct letter in the blank. (Data refer to Canada.) a) over $40 000 per person 1. inflation b) 2.2 percent per year 2. unemployment c) above 5 percent for last 50 years 3. economic growth d) below 2.5 percent for last 30 years 4. average income in 2019 2. () LO 3) Identify each of the following statements as positive or normative: a) Canada is the best country in the world to live in. b) Canada's national income has risen for the last five years. c) If the world price of wheat rises, Canada will export less wheat. d) Unemployment is a more serious problem than inflation. 1. Match the Letters 2. Positive or Normative