Which of the Following Is a Normative Statement

question 188

Multiple Choice

Which of the following is a normative statement?

• A) A decrease in price leads to an increase in quantity consumed.
• B) Incomes grow more rapidly in high-tax states than low-tax states.
• C) People would be better off if government expenditures were higher.
• D) People will buy less butter at $1.50 per pound than they will at $1 per pound.

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Definitions:

Stability

Refers to the state of being steady and not prone to change, often indicating reliability or consistency in various contexts.

Justice

The ethical principle of fairness and the moral rightness based on ethics, rationality, law, natural law, religion, equity, or fairness.

Article III

Refers to the third article of the United States Constitution, which establishes the judicial branch of the federal government.

U.S. Constitution

The supreme law of the United States establishing the framework of the national government and the fundamental rights of citizens.