Which of the following is a normative statement?
A) A reduction in export taxes on petroleum would result in higher wages.
B) The higher is the level of taxes,the higher are wage demands.
C) The higher is the level of taxes,the lower is consumption spending.
D) A free- trade agreement between two countries will result in an increase in trade.
E) Tuition fees should be waived for low- income students.
Correct Answer:
Verified
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