Which of the following is a positive statement?
A) Low rents are better for a city than high rents.
B) Housing costs too much.
C) Government should control the rents that apartment owners charge.
D) Low rents restrict the supply of housing.
E) Owners of apartment buildings ought to be free to charge whatever rent they want.
Correct Answer:
Verified
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A)examining the
Q84: Which of the following creates an incentive
Q85: "The rich should face higher income tax
Q86: A positive statement is
A)about what ought to
Q87: Model A is superior to model B
Q89: A normative statement is
A)about what is.
B)always false.
C)capable
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Q91: Complete the following sentence.Economic models
A)were first developed
Q92: A normative statement is a statement regarding
A)the
Q93: Statements about "what ought to be" are
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