Which of the Following Is a Normative Macroeconomics Statement

question 7

Multiple Choice

Which of the following is a normative macroeconomics statement?

• A) The central bank should increase the nation's money supply.
• B) The increase in the nation's money supply helped push the nation's unemployment rate down in the short run.
• C) Ford Motor Company's new advertising campaign ended up hurting General Motors' sales.
• D) The local government ought to spend more on recreational facilities.

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Definitions:

Task Group

A team formed for the purpose of achieving a specific objective, typically within a limited timeframe.

Organizational Goals

These are the desired outcomes or targets that an organization aims to achieve through its operations and activities.

Antiestablishment Power

Influence or authority exerted with the purpose of challenging, disrupting, or overthrowing traditional or established institutions.

Close-Knit

Describes a group of individuals who share strong bonds and are tightly interconnected.