Multiple Choice
Which of the following is a normative statement?
A) The governmentʹs cuts in welfare spending impose an unfair hardship on the poor.
B) Consumers will buy more gasoline over the Christmas holiday even if the price of gas is 10 cents higher than it was during the Thanksgiving holiday.
C) The current butter surplus is the result of federal policies.
D) Next yearʹs inflation rate will be under 4 percent.
Correct Answer:
Verified
Correct Answer:
Verified
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