Which of the Following Is a Positive Economic Statement

question 87

Multiple Choice

Which of the following is a positive economic statement?

• A)We should raise the minimum wage in order to provide a decent wage for more people.
• B)Consumers will likely purchase fewer cars in the future when the relative price of cars increases.
• C)The budget deficit has been rising in recent years.
• D)Federal government spending ought to be curtailed.

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Definitions:

Attractiveness

A feature or combination of features that pleases the aesthetic senses, especially the sight, or appeals to other social or personal criteria.

Trustworthiness

The quality of being reliable, dependable, and worthy of confidence.

Expertise

Represents the specialized knowledge or skill in a particular field or area, typically acquired through education, training, and experience.

Organizational Citizenship Behaviors (OCBs)

Voluntary, extra-role activities performed by employees that contribute to the organization's effectiveness but are not part of their formal job responsibilities.