A Normative Statement Is About

question 195

Multiple Choice

A normative statement is about

• A) what might happen in the future.
• B) what has happened in the past.
• C) what ought to be.
• D) the assumptions of economists.
• E) the predictions of economists.

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Definitions:

Mandatory

Refers to something required or obligatory by law or rule.

Permissive

Characterized by or allowing a lot of freedom and flexibility; not strict in the imposition of rules.

National Emergency

A state of emergency declared by a government in response to a significant threat to the country, which may alter regular operations and liberties temporarily.

Strike Procedures

The policies and steps legally required to be followed by a union or employees when organizing and executing a strike action.