Multiple Choice
Which of the following represents a normative statement?
A) The temperature outside is 32 degrees Celsius.
B) The study of economics is more important than the study of history.
C) A decrease in price leads to an increase in quantity demanded.
D) People will buy less butter at $6.00 per kilogram than they will at $5.00 per kilogram.
Correct Answer:
Verified
Correct Answer:
Verified
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