Which of the following is an example of a normative statement?
A) The unemployment rate is six percent.
B) There should be no unemployment in an advanced industrial society.
C) Higher prices cause consumers to buy less.
D) Equilibrium price implies that quantity demanded equals quantity supplied.

Question

Quizplus · Accepted Answer

Normative statements are subjective and express opinions or values, stating how things should be. Choice B, "There should be no unemployment in an advanced industrial society," is an example of a normative statement because it reflects a value judgment about what ought to be, rather than an objective fact or a testable hypothesis.

Which of the Following Is an Example of a Normative