Which of the Following Is a Positive Economic Statement

question 8

Multiple Choice

Which of the following is a positive economic statement?

• A) reducing unemployment should be the highest priority of the federal government.
• B) a reduction in the payroll tax will reduce the unemployment rate.
• C) corporations should be prohibited from laying off workers during a recession.
• D) the current unemployment rate is too high.

---

Definitions:

Product-line Pricing

A marketing strategy that involves setting different price points for various items in a product line based on their features or quality levels.

Bundle Pricing

A pricing strategy where multiple products or services are packaged together and sold at a single price, often lower than the total cost of buying them separately.

Tortilla Chip

A snack food made from corn tortillas cut into wedges and then fried or baked, commonly served with dips or used in dishes like nachos.

Product-line Pricing

A pricing strategy where different products within the same category are priced differently based on features, benefits, and cost of production.