Which is an example of a positive statement?
A) Substitutes for fossil fuels should be developed.
B) There should be one price for gasoline throughout Canada.
C) Corporations in Canada should pay more taxes.
D) Canada should reduce its imports of consumer goods.
E) The higher the price for gasoline,the less of it will be consumed.
Correct Answer:
Verified
Q3: Suppose point A represents co- ordinates (x=2,y=16)and
Q4: Which of the following is a normative
Q5: Suppose we observe that consumption of electricity
Q6: An economic theory requires,among other things,
A)a set
Q7: The table below shows hypothetical data
Q9: FIGURE 2- 4
-Suppose we have data for
Q10: The table below shows hypothetical tuition
Q11: The statement "Y is a function of
Q12: The table below shows hypothetical data
Q13: The scientific approach to economic inquiry involves
A)testing
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