6. Which of the following is a positive, rather than a normative, statement? a. Law X will...

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6. Which of the following is a positive, rather than a normative, statement?

a. Law X will reduce national income.

b. Law X is a good piece of legislation.

c. Parliament ought to pass Law X.

d. Law X will change the distribution of income unfairly.

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Principles Of Macroeconomics

ISBN: 9780176591977

7th Canadian Edition

Authors: N. Mankiw, Ronald Kneebone, Kenneth McKenzie

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