Classify each statement as either a positive or a normative statement.PositiveAnswer BankAn increase in the gasoline tax will reduce the amount that people drive and therefore cause a reduction in air pollution.If the federal income tax is increased, workers will increase the number of hours they work each year.The federal minimum wage should be increased to assist low income households.NormativeRaising the federal minimum wage will result in some workers losing their jobs.

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Classify each statement as either a positive or a normative statement.

Exploring Economics

8th Edition

ISBN:9781544336329

Author:Robert L. Sexton

Publisher:Robert L. Sexton

Chapter1: The Role And Method Of Economics

Section: Chapter Questions

Problem 8P

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Question

Classify each statement as either a positive or a normative statement.
Positive
Answer Bank
An increase in the gasoline tax will reduce the amount that people drive and therefore cause a reduction in air pollution.
If the federal income tax is increased, workers will increase the number of hours they work each year.
The federal minimum wage should be increased to assist low income households.
Normative
Raising the federal minimum wage will result in some workers losing their jobs.

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