Which of the Following Is a Positive Economic Statement

question 154

Multiple Choice

Which of the following is a positive economic statement?

• A) Raising the federal minimum wage to $6.50 per hour will cause the rate of unemployment to increase.
• B) The United States spends too much on welfare.
• C) Philosophy is not as interesting as economics.
• D) Cold weather is much more enjoyable than warm weather.

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Definitions:

RAM

Random Access Memory, a form of computer memory that can be accessed randomly, used for storing running programs and data.

Computer

An electronic device capable of processing data according to a set of instructions to perform a wide range of tasks.

Operating System

The foundational software that manages computer hardware resources and provides services for computer programs.

Resources

Assets, materials, or other necessities available and utilized to achieve goals, complete projects, or support operations and development.