Which of the Following Is an Example of a Positive

question 34

Multiple Choice

Which of the following is an example of a positive economic statement?

• A) The pricing policies followed in single-producer markets should be strictly supervised.
• B) Unemployment is more harmful than inflation.
• C) Higher interest rates will encourage more savings.
• D) Pollution is one of the most serious economic problems.

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Definitions:

Technological Factors

Elements related to innovations, advancements, and changes in technology that affect businesses, societies, and environments.

CEO's Preference

The particular choices or inclinations of a Chief Executive Officer of a corporation, often reflecting their strategic priorities and management style.

Environmental Factors

External elements, including social, economic, technological, and natural conditions, that affect individuals, organizations, and societies.

Differentiation

The process of distinguishing a product or service from others, to make it more attractive to a particular target market.