Which of the Following Statements Belongs More Properly in the Field

question 37

Multiple Choice

Which of the following statements belongs more properly in the field of normative economics than positive economics?

• A)Technological change has reduced the cost of cell phone service.
• B)When a drought occurs, the price of vegetables tends to rise.
• C)Canadian governments should provide assistance to the auto industry.
• D)An increase in the minimum wage leads to more unemployment.
• E)The price of one Canadian dollar is $0.85 U.S.

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Definitions:

Easy-Going

A personality trait characterized by a relaxed, tolerant attitude and low levels of stress and worry.

Even-Tempered

Being even-tempered describes an individual who is usually calm and does not easily get angry or upset.

Depression

A condition affecting mental well-being, defined by an ongoing low mood or disinterest in pursuits, leading to major difficulties in everyday activities.

Heart Disease

A range of conditions that affect the heart, including blood vessel diseases, heart rhythm problems (arrhythmias), and heart defects one is born with (congenital heart defects), among others.