Which of the Following Is Not an Example of a Positive,as

question 15

Multiple Choice

Which of the following is not an example of a positive,as opposed to normative,statement?

• A)Higher gasoline prices will reduce gasoline consumption.
• B)Equality is more important than efficiency.
• C)Trade restrictions lower our standard of living.
• D)If a nation wants to avoid inflation,it will restrict the growth rate of the quantity of money.

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Definitions:

Compensation

Payment or benefit given, often to employees or in settlement of a claim, for services rendered, loss suffered, or injury incurred.

Superior Claim

A legal assertion that some interests or rights (such as those in property) are ranked higher than others, giving them priority in being honored or executed.

Harvester

An individual or machine that gathers crops or other natural resources from fields or natural habitats.

Storage Yard

A designated outdoor area used for the keeping of goods, materials, vehicles, or equipment.