A Normative Statement

question 79

Multiple Choice

A normative statement

• A)is one that involves a value judgment.
• B)has no place in the study and practice of economics.
• C)concerns what is provable.
• D)can be derived logically from facts.
• E)is a statement that is empirically testable.

---

Definitions:

Per-capita GNI

The gross national income of a country divided by its population, reflecting the average income of its citizens.

GDP

Gross Domestic Product, the total value of all goods and services produced within a country's borders in a given time period.

Agriculture Production

Refers to the process of producing food, fiber, and other desired products by the cultivation of certain plants and the raising of domesticated animals (livestock).

Remittances

amounts of money sent by migrants to their home country, often serving as a significant source of family and national income in many countries.