Which of the Following Is an Example of a Positive

question 55

Multiple Choice

Which of the following is an example of a positive economic statement?

• A) The U.S.public should devote more resources to education.
• B) The poor should pay lower taxes and the rich should pay higher taxes.
• C) Soap operas should be taken off television.
• D) If you drop a ball from the top of a building,it will fall to the ground.

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Definitions:

Operating Lease

A lease agreement for the use of an asset without ownership transfer, typically involving payments for a period shorter than the life of the asset.

Required To Maintain

Obligatory actions or measures needed to keep a system, process, or asset in working order or to uphold a specific condition.

Manufacturer

A company or individual that produces finished goods from raw materials through the use of machinery and labor, involved in the industrial sector of the economy.

Direct Lease

A lease agreement where the lessee directly leases the asset from the owner or lessor without using a third party.