Which of the following is an example of a positive statement?
A. People should pollute as little as possible.
B. Consumption should be distributed fairly in society.
C. Higher prices cause consumers to purchase less.
D. There should be no unemployment in an advanced industrial society.
Answer: C
You might also like to view...
Which of the following might increase the MB of eliminating lead pollution in water?
A. Companies are producing less and therefore polluting less in the water. B. Fewer people suffer from the effects of lead pollution. C. A new study found out that lead is even more dangerous than previously thought. D. Companies have found a cheaper way to decrease lead pollution.
If there is no Ricardo-Barro effect, an increase in the government budget surplus
A) increases the supply of loanable funds. B) decreases private saving. C) increases private saving. D) decreases the supply of loanable funds. E) has no effect on the demand for loanable funds, the supply of loanable funds, or the real interest rate.
The marginal product of labor is defined as the change in
a. output per additional unit of revenue. b. output per additional unit of labor. c. revenue per additional unit of labor. d. revenue per additional unit of output.
Which of the following students would be most likely to drop out of college before completing their degree?
What will be an ideal response?