Which of the Following Is NOT a Positive Statement

question 99

Multiple Choice

Which of the following is NOT a positive statement?

• A) Tariffs on Canadian goods result in higher unemployment.
• B) Efficiency is more important than equity.
• C) Higher oil prices increase the cost of living.
• D) If a nation wants to avoid inflation, it should not print too much money.

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Definitions:

Nash Equilibrium

A concept in game theory where each player's strategy is optimal, considering the strategies of other players, and no player has anything to gain by changing their own strategy unilaterally.

Mixed Strategy

A situation in game theory where a player chooses among several possible moves according to a probability distribution.

Troops

Military units or forces, especially those organized for land warfare.

Pure Strategies

In game theory, actions or sequences of moves that a player commits to in a strategic setting without randomness.