Which of the Following Is an Example of a Normative,as

question 24

Multiple Choice

Which of the following is an example of a normative,as opposed to positive,statement?

• A)Gasoline prices ought to be lower than they are now.
• B)The federal government should raise taxes on wealthy people.
• C)The social security system is a good system and it deserves to be preserved as it is.
• D)All of the above are normative statements.

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Definitions:

Market Share

The portion of a market controlled by a particular company, product, or service, often expressed as a percentage of total sales.

Sherman Act

A fundamental U.S. antitrust regulation that prohibits business monopoly behaviors and encourages competitive practices.

Per Se

A Latin term meaning "by itself" or "in itself," used to indicate that something is inherently or intrinsically the case.

Professional Association

An organization seeking to further a particular profession, the interests of individuals engaged in that profession, and the public interest.