Which of the following represents a normative statement?

Multiple choice question for Introduction To Economics. Select an option, then review the explanation below.

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Over the last decade, the top 10% of earners have experienced a greater percentage growth in their income compared to the bottom 10%.The rate of inflation is currently increasing.Under the current administration, a larger share of individuals' income is paid in taxes than it was under the former government.Income inequality poses a more significant issue than unemployment.

Explanation

Options A, B, and C provide objective, fact-based observations that can be tested or measured. Option D, however, expresses a value judgment about the relative seriousness of income inequality compared to unemployment, making it a normative statement.

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Which of the following represents a normative statement?

Explanation

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