Which of the following is a normative statement?
A) Reducing unemployment is more important than reducing inflation.
B) Queen Elizabeth II is the wealthiest woman in the world.
C) The sun rises in the west and sets in the east.
D) A government deficit will reduce unemployment and cause an increase in prices.
E) An increase in the price of lumber is followed by a decrease in the construction of new houses.
Correct Answer:
Verified
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