Multiple Choice
Which of the following statements belongs more properly in the field of normative economics than positive economics?
A) Technological change has reduced the cost of cell phone service.
B) When a drought occurs, the price of vegetables tends to rise.
C) Canadian governments should provide assistance to the auto industry.
D) An increase in the minimum wage leads to more unemployment.
E) The price of one Canadian dollar is $0.85 U.S.
Correct Answer:

Verified
Correct Answer:
Verified
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