Which of the Following Is a Normative Statement

question 66

Multiple Choice

Which of the following is a normative statement?

• A)The higher is the level of taxes,the lower is consumption spending.
• B)The higher is the level of taxes,the higher are wage demands.
• C)A reduction in export taxes on petroleum would result in higher wages.
• D)Tuition fees should be waived for low-income students.
• E)A free-trade agreement between two countries will result in an increase in trade.

Recognize the significance of prenatal development and identify the stages and factors influencing it.

Explain the psychosocial development theory of Erik Erikson across different stages of life.

Define and understand the concept of attachment and its effects on later development.

Describe the process and significance of puberty, including the changes it involves and its timing.

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Definitions:

Aggregate Expenditure

The total amount of spending in an economy, including consumption, investment, government, and net export expenditures.

Real Disposable Income

The income of individuals or the nation after adjusting for inflation, representing the amount of money that households have available for spending and saving after income taxes have been accounted for.

U.S. Exports

Goods or services produced within the United States and sold to buyers in other countries, contributing to the country's economy.

Net Exports

The difference between a country's total value of exports and total value of imports.