Question

Which of the following is normative statement?

• A. Wage rate in Satara should be Rs. 200 per day.
• B. Tax should be reduced.
• C. National income should be equally distributed.
• D. All of the above

Answer 1

The correct option is D All of the above

A normative statement explains what should be base of the subject according to the belief through valued judgement that describes the fairness of the subject on public policy.Therefore, adequate wage rate, reduction in tax, and equal distribution of income are valued judgement which are based on the belief that it will bring stability in the economy.