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.

---

Definitions:

Aquifer

An aquifer is an underground layer of water-bearing permeable rock, rock fractures, or unconsolidated materials through which groundwater can move.

Sediments

Particles of soil, sand, or small pieces of rock deposited by water, wind, or ice.

Cone of Depression

A cone-shaped lowering of the water table around a pumping well, due to the removal of groundwater faster than it can be replenished.

Overpumped

A term usually related to groundwater resources, indicating a condition where water is removed from an aquifer at a rate faster than it can be replenished.