Which of the Following Statements Is an Example of a Positive,as

question 49

Multiple Choice

Which of the following statements is an example of a positive,as opposed to normative,statement?

• A)Americans deserve a cleaner environment.
• B)Reducing emissions reduces days missed from school due to asthma.
• C)All Americans are entitled to quality health care.
• D)Economic policies should focus on improving equality.

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Definitions:

Equilibrium Price

The price at which the quantity of a good or service offered by sellers equals the quantity demanded by buyers, leading to a stable market condition.

Consumer Surplus

The difference between the total amount that consumers are willing and able to pay for a good or service and the total amount that they actually pay.

Producer Surplus

The difference between what producers are willing to accept for a good versus what they actually receive.

Ruby

A precious red gemstone made of corundum (aluminum oxide), prized for its color and brilliance.