Which of the Following Is a Positive Statement

question 49

Multiple Choice

Which of the following is a positive statement?

• A) Housing costs too much.
• B) Low rents are good because they make apartments more affordable.
• C) Owners of apartment buildings ought to be free to charge whatever rent they want.
• D) Low rents decrease the amount of housing landlords make available for rent.

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Definitions:

Disposable Income

Financial allocations for households' spending and saving activities post-income tax deductions.

Savings

Funds that are set aside for future use rather than being spent immediately, often placed in accounts that earn interest.

Consumption

The use of goods and services by households or individuals, typically referring to the final use that directly satisfies human needs or wants.

Disposable Income

Money freed up for households to allocate towards savings and spending after income tax removal.