Suppose senators, members of Congress, and other experts made the following five statements in a congressional debate about agricultural price supports. Which of these is a normative statement?
A) Price supports are important because America should preserve small family farms.
B) Without price supports, the price of wheat and corn will decrease by over twenty percent.
C) The decrease in commodity prices caused by the removal of price supports will result in fewer but larger farms
D) The decrease in commodity prices caused by the removal of price supports will reduce the number of tractors sold in the United States.
E) The decrease in commodity prices caused by the removal of price supports will decrease the demand for fertilizers in the United States.
Correct Answer:
Verified
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