Which of the Following Is an Example of a Normative

question 226

Multiple Choice

Which of the following is an example of a normative economic statement?

• A) Universal access to quality health insurance is the most important domestic policy issue of our time.
• B) Extending the time in which laid-off workers are eligible to receive government unemployment compensation has increased the unemployment rate.
• C) Lowering marginal income tax rates depresses consumer spending.
• D) Prices rise when the government prints too much money.
• E) Interest rates rise when the government runs persistent budget deficits.

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Definitions:

Byzantine Theotokos

A representation of the Virgin Mary (Theotokos, or God-bearer) in Byzantine art, often depicted enthroned and holding the Christ Child, symbolizing her role as the Mother of God.

Cluniac Order

A medieval monastic movement that began in the 10th century, centered around the Abbey of Cluny, known for its emphasis on liturgy and scholarship.

Cistercian Order

A Catholic religious order of monks and nuns founded in 1098, known for their strict adherence to the Rule of Saint Benedict and for their architectural contributions.

Saint Benedict

A Christian saint, known as the father of Western monasticism, who established the Benedictine Rule in the 6th century.