Which of the following is a normative economic statement?

A) Congress should increase the legal minimum wage.
B) An increase in the legal minimum wage would cause unemployment to increase.
C) An increase in the legal minimum wage would cause unemployment to decrease.
D) An increase in the legal minimum wage would lead to more equality in the distribution of income.

Normative Economic Statement

An opinion or value judgment about what ought to be, rather than what is measurable or empirically observable.

Legal Minimum Wage

The lowest hourly, daily, or monthly remuneration that employers are legally allowed to pay their workers.

Unemployment

The situation when individuals who are capable of working and are actively seeking work are unable to find employment.