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Which of the Following Is an Example of a Normative

Question 43

Multiple Choice

Which of the following is an example of a normative economic statement?


A) An increase in government expenditure will lead to an increase in well-being.
B) An increase in the money supply will lead to an increase in the inflation rate.
C) An increase in income is accompanied by an increase in savings.
D) An increase in income is accompanied by an increase in consumption.

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