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Which of the following is a normative economic​ statement?

A. With rising mortgage rates and rising unemployment​ rates, the number of unsold homes has increased.
B. Rising global demand for coal has led to increases in the price of coal.
C. The state of Texas is considering increasing funds for​ light-rail development to promote the use of public transportation.
D. Pharmaceutical manufacturers should not be allowed to patent their products so prescription drugs would be more affordable.

Respuesta :

Answer:

D. Pharmaceutical manufacturers should not be allowed to patent their products so prescription drugs would be more affordable.

Explanation:

A normative statement helps in expressing judgments about whether any situation can be said to be desirable or not. It is based primarily on values and opinions. In the given statements, statement (D) is an example of a normative economic statement. It expresses the judgment related to pharmaceutical manufacturers.

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