Which of the following is an example of a normative statement?
A) the quantity supplied of a good will fall if the price falls
B) reducing pollution is too important to worry about the costs
C) technological progress will increase the potential growth rate of the economy
D) none of the above are normative statements
Correct Answer:
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Q103: For economists, positive statements are:
A)descriptive, making a
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A)the process of checking
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