Which of the following is an example of a normative statement?
A)If the money supply falls, interest rates will rise.
B)Teenage unemployment would be lower if there were no minimum wage.
C)The quantity of shirts sold increases as the price of shirts decreases.
D)The federal government's total spending should be reduced.
E)If interest rates go up, then construction activity will fall.

Question

Quizplus · Accepted Answer

Option D is a normative statement because it expresses a value judgment and recommends a particular course of action.

Which of the Following Is an Example of a Normative