Which of the following is an example of a normative statement? A. An increase in the minimum wage will increase unemployment. B. Spending $300 billion on road construction will increase economic growth by 0.2%. C. The best tax rate is 10%. D. All the above

Q: is this a normative statement: NASA should send a shuttle to Mars to do more research on the planet

A: Normative statements contain value judgements or such statements are advisory type.

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A: One positive statement : Moffatt cited similar problems in Alaska, home to a national dividend fund…

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A: The study about the scarce allocation of resources among the people of the society is referred to as…

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A: Taxes are the amount of money that is charged by the government of the country.

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Q: Which of the following is a normative statement? a. The interest rate cut will lower unemployment.…

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Q: Which of the following is a normative economic statement? a. The national unemployment rate in…

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