Which of the Following Is a Statement of Positive Economics

question 27

Multiple Choice

Which of the following is a statement of positive economics?

• A) Government control of rent is a fair way to help poor people afford housing.
• B) Government control of rent keeps landlords from charging too much rent.
• C) Government control of rent decreases the number of new apartments constructed.
• D) Government control of rent is an injustice.

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Definitions:

Normal Curve

A bell-shaped curve that represents the distribution of many types of data where most values cluster around a central region, with values tapering off as they move away from the center.

Gifted Children

Children who exhibit a significantly higher level of intelligence or specific talent compared to their peers.

Terman's Study

A longitudinal study begun in 1921 by Lewis Terman that followed the lives of gifted children into adulthood to study their characteristics and development.

Longitudinal Study

A research method that involves observing the same subjects over a period of time, often years or decades, to detect developments or changes.