Which of the Following Is an Example of a Positive

question 17

Multiple Choice

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

• A) Prices determine what goods and services are produced in a market economy.
• B) The government of the Soviet Union determined the three fundamental questions of microeconomics (i.e., what is produced, how it is produced, who receives the product).
• C) The production of goods and services should be determined by market prices.
• D) A and B