Question
Which of the statements below is primarily normative in nature? A. Increasing the population growth rate raises the growth of GDP B. The growth rate
Which of the statements below is primarily normative in nature?
A. Increasing the population growth rate raises the growth of GDP
B. The growth rate of the GDP is determined by the growth rate of factor inputs and productivity
C. Tightening the standard for environmental protection slows down the GDP growth
D. The government should encourage innovations in order to raise the growth of the GDP
Which of the following statements below is primarily normative in nature?
A. The introduction of wealth tax on the richest reduces income inequality
B. The introduction of wealth tax on the richest reduces the government deficit
C. The introduction of wealth tax on the richest reduces the incentive to invest
D. None of the above.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started