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Mathematics, 25.07.2021 18:20 kenyamaclark1847

Which of the following is an example of a positive, as opposed to normative, statement? * a. Income tax rates should not have been cut as they were a few years ago.
b. The quantity of money has grown too slowly in recent years.
c. When the quantity of money grows rapidly, inflation is a predictable consequence.
d. All of the above are positive statements.

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Which of the following is an example of a positive, as opposed to normative, statement? * a. Income...
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