Which of the following is an example of normative economics?
A) The city of Seattle is among the U.S. cities with the highest cost of living.
B) A higher carbon tax will likely reduce electricity consumption and improve air quality in our cities.
C) Minneapolis has been rated as one of the cleanest cities in the United States.
D) Our city leaders must spend more money on crime prevention and hire more police officers.

Question

Quizplus · Accepted Answer

Normative economics involves value judgments and opinions about what ought to be. Statement D expresses an opinion on what city leaders should do.

Which of the Following Is an Example of Normative Economics