Which of the Following Is a Normative Economic Statement

question 105

Multiple Choice

Which of the following is a normative economic statement?

• A) If we doubled the size of welfare payments, we would reduce the number of homeless persons.
• B) Companies should be concerned with more than just their profits.
• C) An increase in spending on airport security will reduce the number of hijackings.
• D) If social security were to be privatized, workers would earn a higher rate of return on their retirement contributions.

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Definitions:

NEC

Not Elsewhere Classified, used in coding systems for conditions that don't have a specific category allocation.

Not Elsewhere Classifiable

A term used in coding and classification systems for instances that do not fit into any existing categories.

Non-Elective Contraindication

A situation where medical treatment must not be used due to the risk of harm and the treatment is not chosen by the patient or provider.

Noted Exceptional Condition

A unique or rare health state or disorder that is identified and specifically highlighted due to its uncommon nature.