Which of the Following Is the Best Example of a Normative

question 239

Multiple Choice

Which of the following is the best example of a normative economic statement?

• A) A rise in gasoline prices will cause gasoline purchases to fall.
• B) The federal government should spend more on health care.
• C) Raising the minimum wage will result in greater unemployment.
• D) If more money is printed, then the economy's price level will rise.

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Definitions:

Annoying Everyday

No standard definition, potentially describing daily nuisances.

Sources Of Stress

Factors or situations that trigger physical, emotional, or psychological strain or tension.

Avoid

To keep oneself from doing, receiving, or engaging in something, often as a means of preventing harm or inconvenience.

Stress

A physical or psychological response to demands or pressures.