Multiple Choice
All of the following are examples of normative statements EXCEPT:
A) Reducing inflation should not be done at the expense of more unemployment.
B) The Federal Reserve should act decisively to reduce inflation.
C) Economic growth should not be allowed to exceed 5 percent per year.
D) Unexpectedly high inflation redistributes wealth from lenders to borrowers.
Correct Answer:

Verified
Correct Answer:
Verified
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