Which of These Statements Is an Example of Normative Economics

question 141

Multiple Choice

Which of these statements is an example of normative economics?

• A) The Americans with Disabilities Act reduced employment opportunities for the disabled.
• B) Rent controls reduce the housing stock.
• C) Workers pay the majority of corporate taxes in the form of lower wages.
• D) The government should not have bailed out the domestic automobile market.

Grasp the concept of eutrophication and its ecological consequences.

Assess the environmental footprint of bottled water production and consumption.

Understand the processes involved in sewage treatment and their importance in pollution control.

Explore methods to reduce agricultural and livestock-related water pollution.

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Definitions:

Unions

Are organizations of workers that seek to defend and promote their members’ interests.

Communism

A political and economic ideology advocating for a classless society in which all property is publicly owned and each person works and is paid according to their abilities and needs.

Classless Society

An ideal society in which there is no division or class stratification among its members, implying equality in terms of status, wealth, and power.

Labour Force

The total number of people currently employed or in search of employment within a particular country or economic region.