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  • Kathryn Longstaff

    Lesson 8.4.1 Activity 2 – Positive or normative

    • An increase in the minimum wage will cause a decrease in employment amongst de least-skilled workers​
    • The income gains from a higher minimum wage are worth more than any slight reductions in employment​
    • Governments should collect from tobacco companies the costs of treating smoking-related illnesses among the poor​
    • Higher federal budget deficits will cause interest rates to increase​
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