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  • 14-10-2020
  • Social Studies
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Which of these statements is an example of normative economics?

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kiarabotelho
kiarabotelho kiarabotelho
  • 14-10-2020

Answer:An example of a normative economic statement is as follows: The price of milk should be $6 a gallon to give dairy farmers a higher living standard and to save the family farm. This is a normative statement, because it reflects value judgments.

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