In a congressional debate about agricultural price supports, senators, members of congress, and other experts made the following four statements. Which of these is a normative statement?
A) "Price supports are important because America should preserve the small family farm."
B) "Without price supports, the price of wheat and corn will fall by over twenty percent."
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 the United States."
Correct Answer:
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