Which of the following is a normative statement?
A) "Income inequality in the United States has increased."
B) "The Federal Reserve has observed that the rate of inflation has been increasing."
C) "The government should increase the minimum wage to help low-income groups."
D) "Real wages in many cities have decreased over time."
E) "The relative price of gasoline has remained low in the past 30 years."
Correct Answer:
Verified
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