Which of the following is an example of a normative economic statement?
A) Interest rates rise when the government runs persistent budget deficits.
B) Universal access to quality health care is the most important domestic policy issue of our time.
C) Prices rise when the government prints too much money.
D) Extending the time in which laid-off workers are eligible to receive government unemployment benefits has increased the unemployment rate.
E) Lowering marginal income tax rates depresses consumer spending.
Correct Answer:
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