Which of the Following Is a Positive Economic Statement

question 207

Multiple Choice

Which of the following is a positive economic statement?

• A)The inflation rate in the United States is too high.
• B)Unemployment insurance payments increase when the unemployment rate rises.
• C)The government should defund Obamacare.
• D)States should be able to enact their own marijuana legalization laws.

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Definitions:

Intangibles

Intangibles are assets that lack physical substance but possess value, such as intellectual property, goodwill, and brand recognition.

Goods

All physically existing things that are movable at the time of identification in the contract for sale.

Proceeds

The amount of money received from a transaction, often referring to the sale of assets or property.

Documents Of Title

Legal documents that prove ownership of goods or property, such as bills of lading or warehouse receipts.