Which of the Following Is a Normative Statement

question 194

Multiple Choice

Which of the following is a normative statement?

• A) Next year's inflation rate will be under 4 percent.
• B) Consumers will buy more gasoline over the Christmas holiday even if the price of gas is 10 cents higher than it was during the Thanksgiving holiday.
• C) The government's cuts in welfare spending impose an unfair hardship on the poor.
• D) The current butter surplus is the result of federal policies.

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Definitions:

Human Capital

Expertise, knowledge, and learned experiences of an individual or demographic, evaluated based on their monetary significance or cost to an entity or nation.

Education

The process of facilitating learning, or the acquisition of knowledge, skills, values, beliefs, and habits through various forms of instruction or training.

Wage Gap

The difference in earnings between two or more groups, often measured to assess disparities between genders, ethnicities, or other demographic categories.

High-Skill

Pertaining to jobs or workers that require a significant level of education, expertise, or experience to perform complex tasks.