Which of the Following Is an Example of a Normative

question 42

Multiple Choice

Which of the following is an example of a normative statement?

• A)If the price of a product decreases, quantity demanded increases.
• B)Reducing tax rates on the wealthy would be good for the country.
• C)If the national saving rate was to increase, so would the rate of economic growth.
• D)An increase in minimum wages will increase unemployment.