A Normative Economic Statement

question 248

Multiple Choice

A normative economic statement:

• A) is a model used to collect data.
• B) is a statement of fact.
• C) is a statement of what ought to be, not what is.
• D) indicates what will occur if certain assumptions are true.

---

Definitions:

Gay

Referring to a person who is emotionally, romantically, or sexually attracted to members of the same gender.

Sexual Orientation

A person's emotional, romantic, or sexual attraction to others, based on the gender(s) to which they are attracted.

Bisexual

Characterized by the potential for emotional, romantic, or sexual attraction to people of more than one gender, not necessarily at the same time or in the same way.

Gender Identity

A person's internal perception of their gender identity, which can align with or differ from the gender assigned to them at birth.