2806EconomicsMedium
Which one of the following is a normative statement?
AInflation is rising
BThe proportion of people’s income paid in taxes is higher under this government than under the previous one.
CInequality in the distribution of income is a more serious problem than unemployment
DThe richest 10 per cent of the population has had a bigger percentage increase in incomes over the past 10 years than the poorest 10 percent
Correct answer
C. Inequality in the distribution of income is a more serious problem than unemployment
Explanation
The correct answer is Inequality in the distribution of income is a more serious problem than unemployment.