Which of the following is an example of a positive statement?
A) Workers with families should be paid at least the minimum wage.
B) If crime rates were reduced, the world would be a better place in which to live.
C) Marginal tax rates should be reduced for individuals in the highest tax brackets.
D) An increase in the price of gasoline will cause a reduction in the amount purchased.
E) Corrupt politicians ought to be voted out of office.
Correct Answer:
Verified
Q106: An economic model is useful if it
A)includes
Q107: The assumption of rational self-interest means that
Q108: An example of a positive economic statement
Q109: A hypothesis is
A)an assumption about behavior
B)a prediction
Q110: An increase in the price of gasoline
Q112: "There should be less discrimination against women"
Q113: Ceteris paribus means "other things constant."
Q114: Which of the following is a positive
Q115: Which of the following statements about economic
Q116: The scientific method is useful
A)only in fields
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents