Which of the Following Is NOT a Normative Statement

question 179

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 government ought to provide health care to everyone.
• C) The distribution of income is fair.
• D) Corporations should be more socially responsible.

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Definitions:

Full Amount

The total quantity or extent of something, typically referring to the complete sum of money owed or due.

Repaid

The process of repaying funds that were once loaned by a creditor.

Borrowed

The act of receiving funds from another party with the promise to return the principal amount along with interest or other charges.

Payment

The act of transferring money or goods in exchange for a product or service, or to fulfill a legal obligation.