Which of the Following Is a Positive Economic Statement

question 88

Multiple Choice

Which of the following is a positive economic statement?

• A) Raising the price of steak should be a priority for a government that wishes to protect animal rights.
• B) An export market that transports pollutants to less- developed countries will increase their short-run GDP.
• C) The government should limit earnings for top management in corporations.
• D) The government should not provide bailouts to corporations in financial trouble.

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Definitions:

Socioeconomic Status

A social standing or class of an individual or group often measured as a combination of education, income, and occupation.

Ethnic Background

Refers to an individual's cultural heritage, traditions, language, and customs based on their ancestry or country of origin.

Cystic Fibrosis

A genetic disorder that affects the lungs and digestive system, causing severe damage to the respiratory and digestive systems due to thick, sticky mucus.

Recessive Gene

A gene that produces its characteristic phenotype only when its allele is identical and partnered with another recessive gene.