Which of the Following Is a Normative Economic Statement

question 79

Multiple Choice

Which of the following is a normative economic statement?

• A)Rising global demand for coal has led to increases in the price of coal.
• B)With rising mortgage rates and rising unemployment rates, the number of unsold homes has increased.
• C)The state of Texas is considering increasing funds for light-rail development to promote the use of public transportation.
• D)Pharmaceutical manufacturers should not be allowed to patent their products so prescription drugs would be more affordable.