Which of the Following Is a Normative Economic Statement

question 124

Multiple Choice

Which of the following is a normative economic statement?

• A)Rising global demand for diesel and heating oil has led to increases in the price of crude oil.
• B)With falling home prices and rising mortgage interest rates,the amount of foreclosures has increased.
• C)The federal government is considering raising the gasoline tax to promote the use of public transportation.
• D)Fashion designers should be allowed to copyright designs to promote innovation.

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Definitions:

Contradict

To be in opposition or disagreement with something, often involving a direct challenge to a statement or premise.

Justify

To provide reasons or evidence in support of an idea, action, or decision, often with the aim of proving its correctness or necessity.

Oppressive Social Work Practices

Approaches in social work that inadvertently perpetuate inequalities and social injustice, rather than alleviating them.

Self-awareness

The awareness of an individual's own personality, emotions, motivations, and wishes.