Which of the Following Is an Example of a Normative,as

question 1

Multiple Choice

Which of the following is an example of a normative,as opposed to positive,statement?

• A)Following the most recent recession,the economy is recovering at a slower than usual pace.
• B)To stimulate the economy during the most recent recession,the federal government increased spending.
• C)In response to the most recent recession,the federal government extended the duration of unemployment benefits.
• D)The federal government's responses to the most recent recession were insufficient.

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Definitions:

Opportunity Cost

Forfeiting the immediately lesser choice has a cost attached when decisions are being made.

TV Commercials

Short visual advertisements broadcast on television to promote products, services, or ideas to a wide audience.

Opportunity Cost

The price paid for not selecting the next most favorable choice during decision-making.

TV Commercials

Short advertisements broadcast on television, typically showcasing products, services, or brands to a wide audience.