Which of the Following Is a Normative Statement

question 266

Multiple Choice

Which of the following is a normative statement?

• A) An increase in consumer income will lead to increased sales of beef.
• B) A decrease in the rate of unemployment will lead to upward pressure on consumer prices.
• C) An increase in the income tax will cause a greater reduction in savings than an increase in the sales tax.
• D) An economy with high unemployment can be worse off than an economy with high inflation.

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Definitions:

Cyberlaw

An informal term used to refer to all laws governing electronic communications and transactions, particularly those conducted via the Internet.

Online Environment

A digital setting or platform where activities such as browsing, gaming, working, and socializing occur over the internet.

Award of Damages

A monetary compensation granted to a party in a lawsuit for losses or injuries suffered because of another's party's actions or negligence.

Payment of Money

The transfer of currency or equivalent from one party to another in exchange for goods, services, or to fulfill a legal obligation.