Which of the following statements is positive, which is normative, and which can be tested? a. The

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Which of the following statements is positive, which is normative, and which can be tested?

a. The United States should cut its imports.

b. China is the largest trading partner of the United States.

c. If the price of antiretroviral drugs increases, HIV/AIDS sufferers will decrease their consumption of the drugs.

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Related Book For  answer-question

Microeconomics

ISBN: 978-1292094632

12th edition

Authors: Michael Parkin

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