Which of the Following Is NOT a Normative Statement

question 370

Multiple Choice

Which of the following is NOT a normative statement?

• A) People buy more of a good or service when its price falls.
• B) The distribution of income is fair.
• C) The government ought to provide health care to everyone.
• D) Corporations should be more socially responsible.

Explain the relationship between pricing policies and organizational objectives.

Understand the integration and configuration of hardware components in a networked environment.

Comprehend the fundamentals and benefits of cloud computing models, including SaaS.

Recognize the importance of cooling systems in maintaining the performance of high-end computing devices.

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Definitions:

APS

The Average Propensity to Save, which is the proportion of total income that households plan to save rather than spend on consumption.

APS

Usually refers to Average Propensity to Save, an economic term that denotes the proportion of income that a person or population saves rather than spends on consumption.

Interest Rates

The percentage of a loan charged as interest to the borrower, typically expressed as an annual percentage rate.

Consumption

The total amount of goods and services bought and used by consumers, representing a major component of GDP and economic activity.