"All Americans Should Have Access to Health Care" Is an Example

question 66

Multiple Choice

"All Americans should have access to health care" is an example of

• A)a positive statement.
• B)a microeconomic argument.
• C)a factual statement.
• D)a normative statement.

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Definitions:

Gross Margin Percentage

A financial metric that measures the proportion of money left over from revenues after accounting for the cost of goods sold (COGS), expressed as a percentage.

Financial Leverage

A difference between the rate of return on assets and the rate paid to creditors.

Price-Earnings Ratio

A valuation metric that shows the relationship between a company's stock price and its earnings per share.

Dividends

Payments made to shareholders out of a company's profits, often on a regular basis.