Multiple Choice
Which of the following is an example of a normative,as opposed to positive,statement?
A) The price of gasoline came down sharply during the second half of 2006.
B) If the government were to set a maximum legal price on gasoline, then there would be a shortage of gasoline.
C) Income taxes should be reduced.
D) The federal government obtains much of its revenue from income taxes.
Correct Answer:
Verified
Correct Answer:
Verified
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