Which of the Following Is a Normative Statement

question 165

Multiple Choice

Which of the following is a normative statement?

• A) Running government budget deficits leads to higher market interest rates.
• B) An increase in taxes will cause higher unemployment.
• C) An increase in tariffs will increase the domestic prices paid by consumers.
• D) Income should be redistributed from the top 2 percent of wage earners to the lower income brackets.

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Definitions:

Long-range Planning

The process of creating and implementing plans or strategies intended to achieve objectives over an extended period.

Time Management

The practice of organizing and planning how to divide one's time between specific activities to maximize efficiency and productivity.

Allocation

The process of assigning resources, time, or effort to specific tasks or projects based on priorities and objectives.

Top Management

The highest level of managers in an organization, typically responsible for strategic decisions and overall operations.