Which of the Following Is a Normative Macroeconomics Statement

question 7

Multiple Choice

Which of the following is a normative macroeconomics statement?

• A) The central bank should increase the nation's money supply.
• B) The increase in the nation's money supply helped push the nation's unemployment rate down in the short run.
• C) Ford Motor Company's new advertising campaign ended up hurting General Motors' sales.
• D) The local government ought to spend more on recreational facilities.

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Definitions:

Spoilage

The process of food becoming unfit for consumption due to bacterial growth, chemical breakdown, or other reasons, often resulting in a decrease in nutritional value and safety.

Plate Waste

Food that is served but not consumed, often seen in settings like restaurants and cafeterias, contributing to overall food waste.

Overgrazing

The depletion of vegetation due to continuous feeding by an excessive number of grazing animals, leading to soil erosion and decreased agricultural productivity.

Climate Change

The long-term alteration of temperature and typical weather patterns in a place, largely attributed to human activities such as fossil fuel burning which releases greenhouse gases.