Which of the Following Is an Example of a Normative,as

question 33

Multiple Choice

Which of the following is an example of a normative,as opposed to positive,statement?

• A)If the price of a product decreases,people's willingness to buy that product will increase.
• B)Reducing tax rates on the wealthy would benefit the nation.
• C)If the national saving rate were to increase,so would the rate of economic growth.
• D)The elimination of trade restrictions would increase an economy's standard of living.

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Definitions:

Janitorial Expense

Costs associated with cleaning and maintaining a company's premises, typically categorized under operating expenses.

Apportion

To divide, allocate, or distribute proportionately among various accounts, entities, or individuals based on specific criteria.

Number of Employees

The total count of individuals working for a business or organization, either full-time or part-time.

Indirect Expenses

Costs that are not directly attributable to the production of goods or services, such as utilities and rent.