Identify each of the following statements as positive or normative.a. Canada is the best country in the world to live in. This is a statement.b. Canada's national income has risen for the last five years. This is a statement.c. If the world price of wheat rises, Canada will export less wheat. This is a statement.d. Unemployment is a more serious problem than inflation. This is a statement.

Mark the letter on your answer sheet to indicate the sentence that is CLOSEST in meaning to each of the following questions.Question 36. People say that prevention is better than cure.A.That prevention is said is better than cure.B.Prevention says to be better than cure.C.Prevention is better that cure is said by people.D.It is said that prevention is better than cure.Question 37. Charlie said, "I'm thinking of going to live in Canada".A.Charlie said that I was thinking of going to live in Canada.B.Charlie said that he was thinking of going to live in Canada.C.Charlie said that I am thinking of going to live in Canada.D.Charlie said that he is thinking of going to live in Canada.Question 38. Claudia didn’t have an umbrella, so she got wet.A.Claudia didn’t get wet because she had an umbrella.B.If Claudia had an umbrella, she wouldn’t get wet.C.If Claudia has an umbrella, she won’t get wet.D.If Claudia had had an umbrella, she wouldn’t have got wet.Question 39. It was snowing heavily but I didn’t feel cold.A.In spite of it snow heavily, I didn’t feel quite cold.B.In spite of heavily snow, I didn’t feel cold.C.Although heavy snow, I didn’t feel cold.D.Although it was snowing heavily, I didn’t feel cold.Question 40. I wish I hadn’t accepted the invitation to her birthday party.A.I regret accepting the invitation to her birthday party.B.If only I had come to her birthday party.C.I insisted on having been invited to her birthday party.D.I was very glad to accept the invitation to her birthday party.

42."Economics is concerned with how individuals, institutions, and society make optimal choices under conditions of scarcity." This statement is (1 Point)positive but incorrect.positive and correct.normative but incorrect.normative and correct.43.Ben says that "an increase in the tax on beer will raise its price." Holly argues that "taxes should be increased on beer because college students drink too much." We can conclude that (1 Point)Ben's statement is normative, but Holly's is positive.Holly's statement is normative, but Ben's is positive.both statements are normative.both statements are positive.44.Reza says "the minimum wage is too low." Iman states that "raising the minimum wage would be unfair to employers." We can conclude that (1 Point)Reza' statement is positive, but Iman's is normative.Reza's statement is normative, and Iman's is normative.Both statements are positive.Iman's statement is positive, but Reza's is normative.45.Luisa claims that "government spending $100 billion on infrastructure will reduce transportation costs by 10 percent." Joachim counters that "$100 billion on infrastructure spending will reduce transportation costs by 20 percent." We can conclude that (1 Point)Luisa's statement is normative, but Joachim's is positive.Joachim's statement is normative, but Luisa's is positive.both statements are normative.both statements are positive46."Macroeconomics is the part of economics concerned with individual units, such as a person, a household, a firm, or an industry." This statement is (1 Point)positive but incorrect.positive and correct.normative but incorrect.normative and correct.

Income inequality tends to be highest in Blank______.Multiple choice question.low-income countrieshigh-income countries

Which of the following statements is NOT true regarding globalisation and inequality and poverty? Question 5 Select one: a. There has been declining poverty in Indonesia, India and China b. Fierce global competition is driving MNEs to a 'race to the bottom' resulting in the erosion of labour standards and rights c. Per capita income has decreased d. There has been a global increase in the wealth of the middle class (especially in countries such as China and Brazil)

Identify the correct statement.a.Happiness is to be in a state of luxury.b.Happiness is to be in a state of harmony.c.Happiness is to be in a state of competition with others.d.Happiness is to maximize profit.