Which of the Following Is a Normative Economic Statement

question 140

Multiple Choice

Which of the following is a normative economic statement?

• A)Rising corn prices have increased the price of corn-based ethanol.
• B)With rising home prices and falling mortgage interest rates, the amount of home foreclosures has decreased.
• C)The federal government is considering increasing regulations on the use of fossil fuels to promote the use of wind power.
• D)Farmers should not be allowed to grow and sell genetically-modified crops.

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Definitions:

Private Employment Agencies

Organizations that match employers with job seekers, typically charging the employer a fee for their services.

Job Vacancies

Open positions within a company that are advertised to potential candidates.

Job Seekers

Individuals actively looking for employment opportunities, either as a new entrant to the job market or seeking a new position while employed or unemployed.

Quality of Hires

A metric used to evaluate how well new recruits meet the needs of the organization, their performance, and how they fit into the company culture.