Which of the Following Is a Normative Statement

The environment is an example of a scarce resource. Which of the following statements about unemployment is true.

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The price of milk should be 6 a gallon to give dairy farmers a higher living standard and to save the family farm.

. Which of the following is normative statement - Get the answer to this question and access a vast question bank that is tailored for students. C Welfare reform has decreased the amount the government spends on welfare. If the government increases spending unemployment will fall.

B Military spending as a percent of government spending decreased by 5 percent in the 1990s. A normative economic statement refers to what ought to be or it makes an assessment of an activity and offers advice. Which of the following is a normative statement.

O c Incomes grow more rapidly in high-tax states than low-tax states. Economics Mcqs for test. The statement would impose some suggestion or.

A normative economic statement is an economic ideology aimed at prescribing economic development. C The governments cuts in welfare spending impose an unfair hardship on. Which of the following statements about unemployment is true.

The person making the statement expresses a judgment as to what should be done in the economy for its best and most optimal. Which of the following is a normative statement. A Planned economics allocate resources via government departments.

4 Which of the following is a normative statement. A normative macroeconomic statement or economic statement is one where there is value judgment. C There is greater degree of consumer sovereignty in market economies.

C Presidential candidates should not be given funds from the federal government to run campaigns. A Consumers will buy more gasoline over the Christmas holiday even if the price of gas is 10 cents higher than it was during the Thanksgiving holiday. B The current butter surplus is the result of federal policies.

The government should increase spending during times of economic recession. B Government should be concerned with how to reduce unemployment. Asked Apr 24 2020 in Economics by elly_leigh.

The taxes paid by the poor should be reduced in order to improve the income. Hence the federal minimum wages should be raised to 4. Normative statement is the statement which tells about the what should be or what ought to be and should is used in the line of normative statement and it is not based on the facts but based on the judgement of what should be in future so the price of milk is too high is normative statement which shows that it is not based on the facts.

People would be better off if government expenditures were higher. An increase in consumer income will lead to increased sales of beef. C According to an estimate in spite of severe shortage more than 10 of houses in Indian cities are lying vacant.

The correct options are a b and c A normative economic statement pertains to being a value judgment. In this page you can discover 21 synonyms antonyms idiomatic expressions and related words for normative like. Which of the following is a normative economic statement.

A normative statement explains what should be base of the subject according to the belief through valued judgement that describes the fairness of the subject on public policy. Which one of the following is a normative statement. A decrease in price leads to an increase in quantity consumed.

63 Which of the following statements is a normative statement. Which of the following is a positive as opposed to a normative statement. State governments should not subsidize corporations by training welfare recipients.

An example of a normative economic statement is as follows. The proportion of peoples income paid in taxes is higher under this government than under the previous one. E A The taxes paid by the poor should be reduced in order to improve the income distribution in the US.

B Reducing inequality should be a major priority for mixed economies. If banks create more money unemployment will decrease. 36 Which of the following is a normative statement.

Tuition fees should be waived for low-income students. Which of the following is a statement of normative nature in economics. Economists classify economic resources as land labor capital and enterprise.

To make the good available to more people a lower price should be set A higher price for a good causes people to want to buy less of that good A lower price for a good. Therefore availability of the goods at a reasonable rate in the economy is a valued judgement based on the belief that it will bring economic welfare. On Apr 9 2022 on Apr 9 2022.

The sea otter should not be allowed to spread into Southern California coastal waters because it will reduce the value of fisheries. Suppose an economist tells you that the unemployment rate in Canada last year was 45 percent. People will buy less butter at 150 per pound than they will at 1 per pound.

A Every American household should have health care insurance coverage. The richest 10 per cent of the population has had a bigger percentage increase in incomes over the past 10 years than the poorest 10 percent. Which of the following is a normative statement.

If the price of gasoline rises car. A normative statement is a claim about how things ought to beNormative statements arise most frequently in ethics. This is an example of an _____ statement.

Which one of the following is a normative statement. Economies have limited means to satisfy unlimited wants. In philosophy the adjective normative is used to describe statements that are based on values.

B State governments should not subsidize corporations by training welfare recipients. Which of the following is a normative statement. An unequal distribution of resources is unfair.

D The price of computers fell last. A decrease in the rate of unemployment will lead to upward pressure on consumer prices. This is a normative statement because it reflects value judgments.

An increase in the income tax will cause a greater reduction in savings than an increase in the sales tax. A Economics is study of choicesaltematives. 5 0 per hour is a normative statement.

What is another word for normative. In many disciplines including economics and philosophy a normative statement.

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