menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Microeconomics Study Set 25
  4. Exam
    Exam 2: Economic Models: Trade-Offs and Trade
  5. Question
    Which Statement Is Normative
Solved

Which Statement Is Normative

Question 29

Question 29

Multiple Choice

Which statement is normative?


A) The rate of unemployment is 9%.
B) The price of gasoline should be less than $4 per gallon.
C) The federal government spends half of its budget on national defense.
D) Millions of Americans lack health insurance.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q24: Economic models often:<br>A)vary greatly in assumptions and

Q25: Use the following to answer question:<br><img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6643/.jpg"

Q26: Use the following to answer question: <img

Q27: Economists use models to explain real-life situations

Q28: In building models,economists often assume that opportunity

Q30: In the factor market,firms buy resources.

Q31: Positive economics:<br>A)describes opinions and perspectives on how

Q32: Use the following to answer question:<br><img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6643/.jpg"

Q33: Absolute advantage is the basis for gains

Q34: Labor and capital are the only two

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines