Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Which of the following is an example of normative economics? Group of answer choices The US unemployment rate was 6.7% in December 2020 Transgender bathrooms

Which of the following is an example of normative economics?

Group of answer choices

The US unemployment rate was 6.7% in December 2020

Transgender bathrooms should have been legalized many years earlier

The effect of a tax is to lower the quantity in a market

The state tax on gasoline should be raised

The GDP of the US is higher than the GDP of Britain

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

International Marketing

Authors: Philip R Cateora, John Graham, Mary Gilly

18th Edition

1260547876, 9781260547870

More Books

Students also viewed these Economics questions

Question

Describe occupational fraud and abuse.

Answered: 1 week ago

Question

2. It is the results achieved that are important.

Answered: 1 week ago