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Economics

Indicate whether each statement below is positive or normative. Briefly explain each answer.

As a society we should cut pollution by 5% to preserve nature for future generations.

The larger a country is it will have a higher GDP (Gross Domestic Product).

Taxes should be lowered by 1% to stimulate the economy and create more jobs. The unemployment rate is 7% in the US.

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91711157

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