Which of the Following Statements Is a Positive Economic Statement

question 142

Multiple Choice

Which of the following statements is a positive economic statement?

• A)The Congress should pass the president's tax package.
• B)Tax rebates always give too much favor to rich people.
• C)The President's budget included an increase in unemployment insurance payments.
• D)none of the above

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Definitions:

Strict Liability

Legal responsibility for damages, or for performing a specific act, that is imposed without the need to prove fault or negligence.

Defective Condition

A state in which a product possesses an inherent flaw or deficiency that makes it dangerous or unfit for its intended use.

Strict Product Liability

A legal doctrine that holds sellers, manufacturers, or distributors liable for damages caused by defects in their products, regardless of fault or negligence.

Heat-Resistant Tiles

Materials designed to protect surfaces or structures from damage by high temperatures, often used in aerospace applications.