In a parliamentary debate about agricultural price supports, Members of Parliament and other experts made the following four statements. Which one of these is a normative statement?
A) "Without price supports, the price of wheat and corn will fall by over 20 percent."
B) "Price supports are important because Canada should preserve the small family farm."
C) "The decline in commodity prices caused by the removal of price supports will result in fewer, larger farms."
D) "The decline in commodity prices caused by the removal of price supports will reduce the number of tractors sold in Canada."
Correct Answer:
Verified
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