Which of the Following Is a Normative Economic Statement

question 42

Multiple Choice

Which of the following is a normative economic statement?

• A)Government has grown too large and should be reduced.
• B)There has been an increase in the rate of inflation.
• C)Government is subject to the same rules as all other institutions.
• D)The money supply grew by 3% last year.

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Definitions:

Athenian Victory

Historical or artistic representations celebrating the military triumphs of ancient Athens, often commemorated in sculpture and inscriptions.

Geometric Krater

is an ancient Greek vessel with geometric patterns used for mixing wine with water, characteristic of the Geometric period of Greek art.

Athenian Cemetery

Kerameikos, the principal cemetery of ancient Athens, Greece, which also served as a significant religious and ceremonial site.

Egyptian Tomb

A burial site built by ancient Egyptians to honor and house the dead, often elaborately decorated with art and hieroglyphics.