Which of the following is a normative economic statement?
A)Tobacco products should be banned in all public spaces.
B)The increase in tobacco taxes has caused an increase in the price of cigarettes.
C)Better awareness of health risks has decreased tobacco use.
D)A reduction in tobacco subsidies has caused the price of tobacco to increase.

Question

Quizplus · Accepted Answer

This statement expresses a value judgment or opinion about what should be done, rather than simply describing what is happening in the economy.

Which of the Following Is a Normative Economic Statement