Which of the Following Is an Example of a Positive

question 272

Multiple Choice

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

• A)In order to reduce the budget deficit, tax rates should be increased.
• B)In order to increase employment, the minimum wage should be decreased.
• C)If payroll taxes are raised, then the Social Security crisis will be resolved.
• D)If gas prices fall, consumers should purchase more gas.

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Definitions:

Circular Definition

A definition that uses the term being defined as part of its own definition, leading to a lack of clear meaning.

Stipulative Definition

A definition that is specified by someone and may not universally apply beyond the context it is defined in.

Occupational Safety

The discipline concerned with preventing work-related injuries, illnesses, and fatalities by identifying and controlling hazards in the workplace.

Standards Organizations

Bodies responsible for developing, coordinating, and promoting technical standards to ensure quality, safety, and interoperability of products and services.