Which One of the Following Is a Normative Economic Statement

question 45

Multiple Choice

Which one of the following is a normative economic statement?

• A)The unemployment rate fell for the fourth straight month, reflecting the effects from stronger economic growth in the second quarter.
• B)The worsening balance of trade must be corrected if this nation is to remain competitive in the world economy.
• C)Consumer prices are rising at a faster rate than in past months, indicating a renewal of inflationary pressures on the economy.
• D)To help balance the Federal budget, Congress increased the tax on gasoline to its highest level in the past 10 years.

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Definitions:

Initial Encounter

The first appointment or visit for a particular health issue or condition.

Open Bite

A dental condition where the upper and lower teeth do not touch when the mouth is closed.

Bruise

An injury to the skin causing discoloration and swelling without breaking the surface.

Contusion

A bruise resulting from a blunt impact, causing bleeding under the skin without breaking the skin's surface.