Solved

Which of the Following Is an Example of a Positive

Question 123

Multiple Choice
Which of the following is an example of a positive statement A)Higher interest rates should lead to increased savings B)If welfare payments increase, the world will be a better place. C)Inflation is more harmful to the economy than unemployment. D)The benefits to the economy of improved equity are greater than the costs of reduced efficiency.

Which of the following is an example of a positive statement


A) Higher interest rates should lead to increased savings
B) If welfare payments increase, the world will be a better place.
C) Inflation is more harmful to the economy than unemployment.
D) The benefits to the economy of improved equity are greater than the costs of reduced efficiency.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q107: How can the production possibilities frontiers shift

Q115: Figure 2-7 Figure 2-7 </p></div><svg width=

Q118: Table 2-1
Production Possibilities for Toyland

Q121: What type of statement is "When the

Q122: What would a macroeconomist NOT study
A)the impact

Q124: Which of the following is an example

Q126: Figure 2-8
Figure 2-8 </p></div><svg width=

Q130: What does microeconomics study?
A) the behaviour of

Q137: Figure 2-8 Figure 2-8 </p></div><svg width=

Q139: How do economists view normative statements?
A) descriptive,

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents