Which of the Following Is a Normative Economic Statement

question 139

Multiple Choice

Which of the following is a normative economic statement?

• A)Rising global demand for coal has led to increases in the price of coal.
• B)With rising mortgage rates and rising unemployment rates, the number of unsold homes has increased.
• C)Toronto is considering increasing funds for light-rail development to promote the use of public transportation.
• D)Pharmaceutical manufacturers should not be allowed to patent their products so prescription drugs would be more affordable.

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Definitions:

Wax

A class of chemical compounds that are malleable at ambient temperatures and typically melt upon heating, often of natural or synthetic origin.

Stressor Defense

Strategies or mechanisms adopted by an individual or system to protect against stress or stress-induced conditions.

Developmental Variable

A factor that undergoes change over time and influences the growth or development of an individual or system.

Optimal Wellness

A state of complete physical, mental, and social well-being, not merely the absence of disease or infirmity, where an individual or group achieves a balance of health habits, mental stability, and social happiness.