Which of the Following Is an Example of a Normative

question 14

Multiple Choice

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

• A) The inflation rate in the United States decreased from 4 percent last year to 3 percent this year as a result of lower energy prices.
• B) The economy grew at an annual rate of 5 percent during the first quarter of this year.
• C) If two automobile companies merge, it is likely that the price of automobiles will rise.
• D) An increase in international trade benefits some workers but hurts others.
• E) The minimum wage should be increased so that low income workers can afford to keep up with the cost of living.

Understand the basis of social exchange theory involving the rational calculation of costs and benefits in relationships.

Distinguish between basic research methodologies and their applications in studying families and social phenomena.

Assess the criticisms of various theories and research methods, focusing on their limitations and areas they overlook.

Understand the structure and function of the respiratory system.

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Definitions:

Inferential Statistics

A branch of statistics that deals with drawing conclusions about a population based on a sample.

Hypothesis

A proposed explanation for a phenomenon, which can be tested through experimentation or observation.

Forensic Profilers

Experts who analyze evidence from crime scenes and criminal behaviors to create profiles of suspects or understand patterns of criminal activity.

Serial Killers

Individuals who commit a series of murders over a period of time, often following a characteristic, predictable behavior pattern.