Identify the normative economic statement from the following: Due to failing home prices and rising mortgage interest rates the amount of property foreclosures has increased. Interior designers should have the right to copyright their designs in order to promote innovation The government is considering increasing the gasoline tax to promote the use of public transportation The rising global demand for gasoline has led to the increase in the pace of crude oil
Identify the normative economic statement from the following: Due to failing home prices and rising mortgage interest rates the amount of property foreclosures has increased. Interior designers should have the right to copyright their designs in order to promote innovation The government is considering increasing the gasoline tax to promote the use of public transportation The rising global demand for gasoline has led to the increase in the pace of crude oil
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Identify the normative economic statement from the following:
Due to failing home prices and rising mortgage interest rates the amount of property foreclosures has increased.
Interior designers should have the right to copyright their designs in order to promote innovation
The government is considering increasing the gasoline tax to promote the use of public transportation
The rising global demand for gasoline has led to the increase in the pace of crude oil
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