An increase in the price of gasoline will reduce the amount of gasoline purchased. This is
A. a negative economic statement.
B. a positive economic statement.
C. a normative economic statement.
D. an economic assumption.
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Home » Business » An increase in the price of gasoline will reduce the amount of gasoline purchased. This is A. a negative economic statement. B. a positive economic statement. C. a normative economic statement. D. an economic assumption.