An Example of a Normative Statement Is

question 100

Multiple Choice

An example of a normative statement is:

• A) The rate of unemployment is 4 percent.
• B) A high rate of economic growth creates more jobs for the country.
• C) The federal government spends half of its budget on national defense.
• D) Everyone in the country needs to be covered by national health insurance.

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Definitions:

Economic Growth

An increase in the capacity of an economy to produce goods and services, compared from one period of time to another.

United Kingdom

A nation with sovereignty positioned to the northwest of mainland Europe, consisting of England, Scotland, Wales, and Northern Ireland.

Real GDP

Gross Domestic Product adjusted for inflation, providing a measure of the value of goods and services produced in a country using constant prices.

Growth Rates

The measure of the increase in the amount, value, or size of something (such as GDP, population, etc.) over a specific period of time.