Which of the following is a positive economic statement?
A) Raising the price of steak should be a priority for a government that wishes to protect animal rights.
B) An export market that transports pollutants to less- developed countries will increase their short-run GDP.
C) The government should limit earnings for top management in corporations.
D) The government should not provide bailouts to corporations in financial trouble.
Correct Answer:
Verified
Q3: Gary Becker, a Nobel Prize-winning economist, argued
Q5: Which of the following is a positive
Q7: Which of the following is a normative
Q8: The difference between positive and normative economics
Q10: Which of the following is NOT a
Q11: Normative economics is about:
A) verifying and confirming
Q12: Positive economics is:
A) about morals and values.
B)
Q18: Presidential campaign speeches about economic policy are
Q34: Why would a poor country accept pollution
Q40: The case for exporting pollution from rich
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