Question
The rich should face higher income tax rates than the poor. This is an example of a) a positive statement. b) economic reasoning. c) a
The rich should face higher income tax rates than the poor." This is an example of
a) a positive statement.
b) economic reasoning.
c) a normative statement.
d) a negative statement.
e) neither a normative nor a positive statement.
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Managerial Economics A Problem-Solving Approach
Authors: Luke M. Froeb, Brain T. Mccann
2nd Edition
B00BTM8FK0
