Which of the Following Is a Normative Economic Statement

question 4

Multiple Choice

Which of the following is a normative economic statement?

• A) The Federal budget deficit rose by 120 billion dollars
• B) The unemployment rate is expected to fall next month
• C) A trade surplus of 200 billion dollars should be our policy goal
• D) The federal funds rate was reduced by half a percentage point

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Definitions:

Accidental Overdose

The unintentional ingestion or administration of a drug or substance in quantities greater than are recommended or generally practiced.

Stimulants

Substances that increase the activity of the central nervous system, leading to increased alertness, attention, and energy.

Muscle Tension

A condition where muscles remain contracted for an extended period, often as a result of stress or physical activity, which can lead to discomfort and pain.

Respiratory System

The biological system consisting of specific organs and structures used for gas exchange in animals and humans, notably the lungs and airways.