Determine which of these statements are normative

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Determine which of these statements are normative and which are positive and explain why you place them in the normative or positive category.

a- A higher minimum wage will reduce employment opportunities for minimum wage workers.

b- Increased demand for laptop computers will drive up their price

c- Falling gasoline prices will result in additional vacation travel

d- Health care subsidies will increase the consumption of health care

Reference no: EM13734306

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