2 AB indicate why please 2. For each of the following, indicate whether the statement is positive (P) or normative(N), and indicate why.(8)a.Seat belt laws are a good idea because they protect drivers and passengers fominjuries. Nb Some consumer protections were eliminated by President Trump's executiveorder.wing events as relating to microeconomics: I, or

2. Positive statements are those which state actual facts and figures, and various economic…

2. For each of the following, indicate whether the statement is positiv (N), and indicate why. a. Seat belt laws are a good idea because they protect drivers anc injuries. b. Some consumer protections were eliminated by President Tru order.

2. For each of the following, indicate whether the statement is positiv (N), and indicate why. a. Seat belt laws are a good idea because they protect drivers anc injuries. b. Some consumer protections were eliminated by President Tru order.

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter2: Choice In A World Of Scarcity

Section: Chapter Questions

Problem 17RQ: Is the economic model of decision-making intended as a literal description of how individuals,...

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Question

2 AB indicate why please

2. For each of the following, indicate whether the statement is positive (P) or normative
(N), and indicate why.
(8)
a.
Seat belt laws are a good idea because they protect drivers and passengers fom
injuries. N
b Some consumer protections were eliminated by President Trump's executive
order.
wing events as relating to microeconomics: I, or

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