The table below shows hypothetical data for the volume of gold and nickel output across several years. $\begin{array}{|l|l|l|l|l|}
\hline& \begin{array}{l}
\text { Gold } \
\text { (troy ounces) }
\end{array} & \text { Index } & \begin{array}{l}
\text { Nickel } \
\text { (lbs) }
\end{array} & \text { Index } \
\hline \text { Year 1 } & 1230000 & & 4500 & \
\hline \text { Year 2 } & 1416000 & & 4551 & \
\hline \text { Year 3 } & 1349000 & 100 & 4623 & 100 \
\hline \text { Year 4 } & 947000 && 4791 & \
\hline \text { Year 5 } & 1012000 && 4802 & \
\hline \text { Year 6 } & 1321000 && 4867 & \
\hline \text { Year 7 } & 1450000 && 5002 & \
\hline \text { Year 8 } & 1510000 && 5117 & \
\hline
\end{array}$ TABLE 2- 4
-Suppose an economist tells you that,on average,people in Canada have too much personal debt.This is an example of a(n)statement.
A)positive
B)normative
C)induced
D)autonomous
E)independent

Question

Quizplus · Accepted Answer

A normative statement expresses a value judgment or opinion about what ought to be, rather than stating facts. The economist's statement about personal debt is a value judgment.

The Table Below Shows Hypothetical Data for the Volume of Gold