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Introduction to Microeconomics

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Question 46

Which of these is an example of a normative statement?

A universal basic income will cause a significant increase in the rate of inflation.

Universal basic income is a cash transfer paid to all citizens regardless of their alternate sources of income.

Several pilot schemes for universal basic income have been completed globally in the last decade.

The government should introduce a universal basic income to resolve the current inequality crisis.

Introduction to Microeconomics Questions

  1. A Level
  2. /Economics
  3. /Introduction to Microeconomics