Increasing income tax rates will solve the "Social Security time bomb issue" is an example of
A) business economic policy.
B) a positive economic statement.
C) marginal cost exceeding marginal benefit.
D) answering the "how" question.
E) globalization.

Question

Quizplus · Accepted Answer

The statement is a positive economic statement as it makes a claim about how increasing income tax rates will impact the Social Security time bomb issue without including any value judgments.

Increasing Income Tax Rates Will Solve the "Social Security Time