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Cost of running the system

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Are the following statements TRUE or FALSE? Explain your answers.

1) "When people must pay higher taxes on their wage earnings, it reduces their incentive to work" is a positive statement.

2) "We should lower taxes to encourage more work" is a positive statement.

3) "The system of public education generates greater benefits to society than the cost of running the system" is a normative statement.

Reference no: EM131218627

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