Which of the Following Is a Normative Economic Statement

question 171

Multiple Choice

Which of the following is a normative economic statement?

• A)Falling global demand for pesticides has led to decreases in the price of pesticides.
• B)With falling mortgage rates and falling unemployment rates,the number of new homes being built has increased.
• C)The state of Florida's unemployment rate dropped when several large companies relocated to the Miami area.
• D)Global warming should be at the top of every economic agenda.

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Definitions:

False Sensory Perceptions

Experiences where individuals perceive things that are not present, often referred to as hallucinations in the context of psychiatric conditions.

Compulsions

Actions or thoughts that an individual is compelled to perform repeatedly, in response to overwhelming obsessions or based on strict rules that must be adhered to.

Delusions

False beliefs held with strong conviction despite superior evidence to the contrary, often occurring in psychiatric conditions.

Hallucinations

Perception of something not present, such as hearing or seeing something that isn't there, often associated with psychiatric conditions or neurological disorders.