Which of the following is an example of a positive statement?
A) Prices rise when the government prints too much money.
B) If welfare payments increase, the world will be a better place.
C) Inflation is more harmful to the economy than is unemployment.
D) When public policies are evaluated, the benefits to the economy of improved equity should be considered more important than the costs of reduced efficiency.
Correct Answer:
Verified
Q15: When economists are trying to explain the
Q19: Economists view positive statements as
A)affirmative,justifying existing economic
Q139: Which of the following is an example
Q140: Figure 2-7 Q141: When economists are trying to help improve Q143: Who among the following individuals majored in Q145: Which of the following statements is correct? Q148: Which of the following would be considered Q250: Which of the following areas of study Q251: Which of the following statements best captures
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A)Microeconomics
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