Which of the following is a normative macroeconomics statement? The rise in gasoline price had an adverse effect on holiday travels The Federal Reserve should leave interest rates unchanged According to an article published on cbsnews.com, the trade war between the U.S. and China is taking a toll. U.S. agricultural exports to China dropped to $9.1 billion in 2018, down from $19.5 billion the previous year, according to the American Farm Bureau. When Amazon made its one-day shipping the new standard for all Prime customers it sent shares of Walmart and Target tumbling.
Which of the following is a normative macroeconomics statement? The rise in gasoline price had an adverse effect on holiday travels The Federal Reserve should leave interest rates unchanged According to an article published on cbsnews.com, the trade war between the U.S. and China is taking a toll. U.S. agricultural exports to China dropped to $9.1 billion in 2018, down from $19.5 billion the previous year, according to the American Farm Bureau. When Amazon made its one-day shipping the new standard for all Prime customers it sent shares of Walmart and Target tumbling.
Chapter1: The Role And Method Of Economics
Section: Chapter Questions
Problem 8P
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Transcribed Image Text:Which of the following is a normative
macroeconomics statement?
The rise in gasoline price had an adverse
effect on holiday travels
The Federal Reserve should leave interest
rates unchanged
According to an article published on
cbsnews.com, the trade war between the
U.S. and China is taking a toll. U.S.
agricultural exports to China dropped to
$9.1 billion in 2018, down from $19.5
billion the previous year, according to the
American Farm Bureau.
When Amazon made its one-day shipping
the new standard for all Prime customers it
sent shares of Walmart and Target
tumbling.
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