Solution-Production of goods and services

Production of goods and services

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Reference no: EM133017845

This is a written work Identify if the following statements are from the positive economy or normative. Explain each case.
1-The price of liquefied petroleum gas is too high.
2-Premium gasoline, which is one of the most expensive types of fuels we have in the country, went from RD$ 175.30 on February 6, 2016, to RD$ 205.20 on June 25, 2016. This change represents a difference of RD$29.9, with a growth of 17.05% in just 5 months.
3-2 million Dominicans do not have access to health insurance.
4-The increase in blackouts in the country will affect the production of goods and services and increase production costs.

Reference no: EM133017845

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Production of goods and services

Reference no: EM133017845

Reference no: EM133017845

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