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Which of the Following Is a Normative Economic Statement

question 136

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Which of the following is a normative economic statement?


Definitions:

Desirable Behavior

Actions or conducts that are socially or culturally valued and encouraged within a certain context or environment.

Increase Magnitude

The act of making something greater in size, amount, importance, or intensity.

Reinforcement

In behavioral psychology, any event that strengthens or increases the likelihood of a behavior.

Extinction

In psychology, the gradual weakening and disappearance of a conditioned response; in biology, the end of an organism or a group of organisms.

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