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:

Grandiose Narcissism

A form of narcissism marked by high self-esteem, a sense of superiority, and a desire for admiration and attention.

Vulnerable Narcissism

A form of narcissism where the individual is overly sensitive, insecure, and exhibits traits of defensiveness and introversion.

Self-efficacy

Someone's trust in their own capability to perform tasks needed to attain specific outcomes.

Ego Depletion

A psychological theory suggesting that self-control or willpower draws upon a limited pool of mental resources that can be used up.