Which of the Following Is a Normative Economic Statement

question 96

Multiple Choice

Which of the following is a normative economic statement?

• A) The poverty rate hit a new high last year and income distribution also worsened.
• B) Health care accounts for roughly a third of total spending in the economy.
• C) The government needs to revamp the Social Security program to make it sustainable.
• D) Retail sales are expected to continue on their downward trend in the next three quarters.

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Definitions:

Meiosis

A type of cell division that reduces the number of chromosomes in the parent cell by half and produces four gamete cells, essential for sexual reproduction.

Cell Division

The process by which a parent cell divides into two or more daughter cells, essential for growth, reproduction, and repair in organisms.

Eggs

The female reproductive cells in animals, including humans, or the oval or round objects produced by birds and some other animals, from which offspring can develop.

Sperm

The male gamete or reproductive cell involved in sexual reproduction, which carries genetic information to the ovum.