Suppose an economist tells you that, on average, people in Canada have too much personal debt. This is an
Example of an)
A) autonomous
B) positive
C) normative
D) independent
E) induced

Question

Quizplus · Accepted Answer

The statement is subjective and involves a value judgment about what is an appropriate level of personal debt for individuals in Canada. Therefore, it is a normative statement.

Suppose an Economist Tells You That, on Average, People in Canada