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Normative Economics Refers To

Question 33

Multiple Choice

Normative economics refers to:


A) economic policies that are in effect when inflation and unemployment are at their normal levels.
B) tax programs aimed at the middle class leads to more inflation.
C) economic programs that have been in place for five or more years.
D) economic statements with a value judgment of what ought to be, or what should be.
E) both statements A) and B) .

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