"Ensuring that Social Security is financially sound for future generations is an important use of taxpayer dollars" is an example of a
A)normative economic statement.
B)positive economic statement.
C)statement made by an economist working as a scientist.
D)judgment based on evaluation of evidence,not values.

Question

Quizplus · Accepted Answer

The statement is a normative economic statement because it involves a value judgment about what the government should do with taxpayer dollars. It is not a statement of fact about how the economy works, but rather reflects a particular viewpoint about the role of government in ensuring the financial stability of Social Security for future generations.

"Ensuring That Social Security Is Financially Sound for Future Generations