Which of the Following Is an Example of a Normative

question 36

Multiple Choice

Which of the following is an example of a normative economic statement?

• A)If the money supply falls,interest rates will rise.
• B)Teenage unemployment would be lower if there were no minimum wage.
• C)The quantity of shirts sold increases as the price of shirts decreases.
• D)The federal government's total spending should be reduced.
• E)If interest rates go up,then construction activity will fall.