Read the instructions carefully before you answer the questions. This assignment is to help relate the concept of economics to everyday living. The ques1ions require short answers and must be provided based on your knowledge. You should refer to the live zoom lessons and the resources provided especially chapters 1 and 2 to help understand the questions. 1. Explain the difference between analytical and normative economies. In a daily newspaper or online news, nd three examples of analytical statements and three examples of normave statements. (3 marks) 2. After graduation, do you plan to continue your education, get a job or travel? What are the opportunity costs for each alternative? [2 marks] 3. Give three examples of economic decisions you had to make this week. Explain Why each was an economic decision. What was the opportunity cost of each decision