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Which of the following is a normative statement in terms of economic theory? Select the correct answer below: The combined state and average local sales
Which of the following is a normative statement in terms of economic theory? Select the correct answer below: The combined state and average local sales tax rate in Illinois is 8.7%. Illinois has the seventh highest combined state and average local sales tax rate in the United States. Chicago charges a 2.25% food tax on regular groceries, but other cities in Illinois do not. The Illinois sales tax is too high and discourages consumption
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