Which of the following is an example of a normative question?
A) How will an increase in the price of gasoline affect taxi drivers?
B) What fraction of an income-tax cut will be spent on consumer goods?
C) Should the government provide free prescription drugs to senior citizens?
D) How will an increase in the minimum wage affect teenaged workers?
Correct Answer:
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A) is the focus of
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A) is the focus of most
Q31: Which of the following is a question
Q32: Talking about alternatives is the first step
Q33: Which of the following is a question
Q34: When economists construct economic models,
A) all but
Q35: Which of the following is NOT an
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