Multiple Choice
Which of the following is a normative statement?
A) Tuition fees should be waived for low- income students.
B) A free- trade agreement between two countries will result in an increase in trade.
C) The higher is the level of taxes, the higher are wage demands.
D) A reduction in export taxes on petroleum would result in higher wages.
E) The higher is the level of taxes, the lower is consumption spending.
Correct Answer:

Verified
Correct Answer:
Verified
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