Either positive or normative economics

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Categorize examples of either positive or normative economics, and as examples of either macroeconomics or microeconomics and why is that?

1. Monetary policymakers should do everything they can to reduce the unemployment rate.

2. If there is an increase in the price of gasoline, the quantity purchased will decrease.

3. Budget deficits typically lead to higher rates of inflation.

4. It is important to invest in preschool programs to improve labor-market outcomes for individuals when they reach adulthood.

Reference no: EM132219677

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