Which of the Following Is a Normative Statement

question 226

Multiple Choice

Which of the following is a normative statement?

• A)International trade leads to expanded consumption opportunities.
• B)Higher expenditures on health care will reduce infant mortality rates.
• C)To improve our economic security, we should reduce our dependence on oil imports.
• D)Increased defense spending will lead to higher budget deficits.

Grasp the significance of capital investment in enhancing productivity and economic growth.

Appreciate the concept of social and public capital in contributing to the collective welfare.

Understand the methods of measuring a firm’s capital and investment.

Realize the importance of investing in software and technology as a form of human capital.

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Definitions:

Occupational Differences

Variations in job types, responsibilities, and compensation across different professions or industries.

Muriel Niederle

An economist known for her research in experimental economics and market design.

Lise Vesterlund

An economist known for her research in the fields of public economics and experimental economics, focusing particularly on charitable giving and gender differences in competition.

College Degree

A formal certification by an educational institution recognizing the completion of a prescribed course of study in a particular field or discipline.