"A reduction in the rate at which stock dividends are taxed will lead to greater investment in the stock market." This is an example of:
a. a positive economic statement
b. a negative economic statement.
c. the fallacy of composition.
d. a normative economic statement.
a
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Apple is an American company, but its iPhones are assembled in China. The sale of each iPhone then is counted in China’s GDP as:
A. consumption. B. investment. C. an import. D. an export.
More than three-fourths of the unemployed are recent entrants into the labor force
a. True b. False Indicate whether the statement is true or false
"Transaction costs" make it more difficult to reduce externalities, both negative and positive, because transaction costs
What will be an ideal response?
One of the largest challenges with foreign aid today is:
A. severely diminishes some nations' ability to help their own citizens. B. raising enough of it to have any significant impact on the market. C. countries' overreliance on it removing incentives to better themselves. D. finding ways to ensure it is going to the best uses possible.