The Statement That 'Increases in the Tax on Petrol Increase

question 90

Multiple Choice

The statement that 'increases in the tax on petrol increase the price of petrol' is an example of which of the following?

• A) Marginal statement.
• B) Rational-decision statement.
• C) Macroeconomic statement.
• D) Positive statement.
• E) Normative statement.

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