Multiple Choice
Which of the following is an example of a positive,as opposed to normative,statement?
A) When the minimum wage is increased,unemployment is a predictable consequence.
B) The income tax rate should be increased to offset the budget deficit.
C) Increasing government spending is the best way to help the economy move out of a recession.
D) More than one of the above are positive statements.
Correct Answer:

Verified
Correct Answer:
Verified
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