Question

Determine if the items represent an example of positive economics or normative economics. The richest 1 % of Americans should pay more taxes than the

Answer 1

The correct choice will be "Normative Economics ".

Step-by-step explanation:

• Normative economics explores how well and why the economy could or ought to have been instead of what it truly is or was, proposing measures to boost public wellbeing.
• Normative implies related to or relying on what is perceived to have been the right or natural way of doing anything, an appropriate standard or pattern.