Which of the following is a normative economic statement?

Question

Quizplus · Accepted Answer

A normative economic statement is a statement that makes a value judgment about an economic issue or policy. Choice D, "The teenage unemployment rate is too high," is a normative statement because it includes a subjective value judgment about what the level of teenage unemployment should be. The other choices are descriptive statements that describe economic phenomena without including value judgments.

Which of the Following Is a Normative Economic Statement