Which of the Following Is an Example of a Normative

question 10

Multiple Choice

Which of the following is an example of a normative economic statement?

• A) The inflation rate in Australia decreased from 4 per cent last year to 3 per cent this year as a result of lower energy prices.
• B) The economy grew at an annual rate of 5 per cent during the first quarter of this year.
• C) Australia should use more renewable energy to reduce greenhouse gas emissions.
• D) An increase in international trade benefits some workers but hurts others.

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Definitions:

DNA

Deoxyribonucleic acid, a molecule that carries the genetic instructions used in the growth, development, functioning, and reproduction of all known living organisms and many viruses.

Meaning

The inherent or intended significance, definition, or explanation of a word, phrase, or symbol.

Adenocarcinoma

A type of cancer that forms in mucus-secreting glands throughout the body, often found in the lung, prostate, pancreas, and colon.

Abbreviation

The act or result of shortening a word or group of words to form a shorter word or phrase, typically used to save space or avoid repetition.