Which of the Following Is an Example of a Normative,as

question 19

Multiple Choice

Which of the following is an example of a normative,as opposed to positive,statement?

• A)The growth rate of the economy last year was higher than any other year in the last decade.
• B)The federal government reduced spending in the last quarter of the fiscal year.
• C)The Federal Reserve Bank adjusted interest rates in response to the lower-than-expected growth rate of the economy.
• D)The federal government should decrease unemployment benefits to stimulate the economy out of the recession.

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Definitions:

Budget Control

Budget control is a financial management tool used to monitor and regulate the expenses and revenues of an organization or government to prevent overspending.

Nineteenth-century

The period from 1801 to 1900, marked by significant social, economic, and political changes, including the Industrial Revolution and the rise of nationalism.

German Middle Class

Social stratum found in Germany, typically including small business owners, professionals, engineers, and civil servants, characterized by a moderate level of income and education.

Political Life

The sphere of activity related to the governance of a country or area, including the actions and policies of governmental organizations, political parties, and elected officials.