Which of the Following Is a Positive Economic Statement

question 184

Multiple Choice

Which of the following is a positive economic statement?

• A) The federal minimum wage should be raised to $6.50 per hour.
• B) The United States spends too much on national defense.
• C) Higher rates of investment lead to higher rates of economic growth.
• D) Economics is more interesting to study than history.

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Definitions:

Fetus

A developing human from roughly eight weeks after conception until birth.

Benefits

Advantages or gains, often related to employment, insurance, or social welfare programs.

Costs

The expenses incurred in the production of goods or in the provision of services, measured in terms of money, time, or other resources.

Emergency Contraceptives

Medications or devices used to prevent pregnancy after unprotected sex or contraceptive failure.