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:

Terminal Diagnosis

A medical determination that an illness will lead to death within a relatively short time, offering no hope for recovery.

Anger

An emotional response characterized by antagonism toward someone or something you feel has deliberately done you wrong.

Physician

A medical professional who is qualified to diagnose and treat illnesses, diseases, injuries, and other physical and mental impairments in humans.

Elisabeth Kübler-Ross

A psychiatrist known for her pioneering work on the five stages of grief, which she detailed in her book "On Death and Dying."