Income inequality can be high in the free market and... - Solved MCQs & Answer

3460EconomicsMedium

Income inequality can be high in the free market and should be reduced This is an example of What?

ANormative economic statement

BJudicial economic statement

CPositive economic statement

DFormative economic statement

Correct answer

A. Normative economic statement

Explanation

The correct answer is Normative economic statement.

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