4 a positive workers in Asia often work in sweatshop conditions earningearn

4 a positive workers in asia often work in sweatshop

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4) a) positive: “workers in Asia often work in sweatshop conditions earning….earn higher wages” normative: “in order to…..Asian clothing” b) Yes, because it is true that American workers need to be more dignified and compensated for their labor c) No, it would put the laborers in a better position due to the raised prices of products, whereas the consumers would be worse off because they are now paying more for a product. d) They would be hurt because they would be losing business, which would result in them suffering from even more poverty. 5) a) true; this is a statistic rather than an opinion b) false; this is normative because it is offering a suggestion c) true; this decision should be made by individuals in society d) false; this is a statistic (positive) e) false; economists have disagreements without the media; the media simply conveys these disagreements to an audience 6) We consider a business cycle expansion to be different from economic growth because business cycle expansions are limited to shorter amounts of time. In contrast, the term
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