Which of the Following Is a Positive Economic Statement

question 28

Multiple Choice

Which of the following is a positive economic statement?

• A)No individual should live in poverty.
• B)The rate of unemployment of young African-Americans exceeds that of white Americans.
• C)Unemployment is a more serious problem than inflation.
• D)Economic considerations are less relevant than ethical issues in deciding national policy.

Recognize the early expressions and discussions around concepts of liberty and rights as precursors to the revolutionary ideology.

Understand the key figures and their roles during the Revolutionary period.

Identify the advantages and strategies that contributed to the American victory in the Revolutionary War.

Recognize the influence of key philosophical ideas on the Declaration of Independence.

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Definitions:

Applied Economics

The application of economic theories and principles to real-world situations and problems, often to inform public policy or business strategies.

Information Technology

The use of computers and software to manage information, particularly in enterprise environments, including hardware, software, databases, and networks.

Increase Efficiency

The process of improving the effectiveness and productivity of operations, often by optimizing resources and reducing waste.

Chemistry

The science that deals with the properties, composition, and structure of substances, the transformations they undergo, and the energy released or absorbed during these processes.