All of the Following Are Examples of Normative Statements EXCEPT

question 52

Multiple Choice

All of the following are examples of normative statements EXCEPT:

• A)Reducing inflation should not be done at the expense of more unemployment.
• B)The Federal Reserve should act decisively to reduce inflation.
• C)Economic growth should not be allowed to exceed 5 percent per year.
• D)Unexpectedly high inflation redistributes wealth from lenders to borrowers.

---

Definitions:

SPSS Syntax

The specific command language used in the SPSS (Statistical Package for the Social Sciences) software to perform statistical analysis and manipulate data.

Cross-tabs

Short for cross-tabulation, a method used in statistics to analyze categorical data by creating a matrix that displays the frequency distribution of variables.

Categorical Data

Information that is divided into groups or categories which are mutually exclusive and cannot be ordered or ranked.

Categorical Data

Refers to data types that represent categories - they can be names, labels, or numbers that identify into which of several categories each data point falls.