Which of the following are statements in normative economic? Which are statements in positive economic?
a. Poverty in the U.S. should be reduced.
b. The President's economic policies make good sense.
c. The U.S. exported exported a large share of its output last year than canada.
d. Lotteries are a good way for a state raise revenues.
e. California lottery, if enacted, would generate at least $100 million a year in revenue for the state.