Which of the Following Is True Regarding This Statement? "The

question 218

Multiple Choice

Which of the following is true regarding this statement? "The president's decision to spend more money on national defense is smart."

• A) This is a normative statement.
• B) The federal government does not face scarcity.
• C) This topic would be studied in microeconomics.
• D) Social interest must always be more important than self-interest.
• E) Ceteris paribus does not apply to the government.