Which of the following is an example of a normative economic statement? An increase in social security benefits will increase the welfare of all economic agents. C. An increase in subsidies to farmers will boost agricultural production. D. Relaxation of import duties will encourage imports
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Home » Business » Which of the following is an example of a normative economic statement? An increase in social security benefits will increase the welfare of all economic agents. C. An increase in subsidies to farmers will boost agricultural production. D.