Which of the Following Is a Positive Statement

question 47

Multiple Choice

Which of the following is a positive statement?

• A) An economist should test every theory at least twice.
• B) Increases in the minimum wage cause unemployment.
• C) We ought to deregulate the mortgage market.
• D) The government must provide unlimited health care to citizens.
• E) We should forgo some current consumption in order to invest in the future.

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Definitions:

Aggregate

A total or combined amount, sum, or mass made up of distinct or varied parts.

Inventories

Quantities of goods or materials that a business holds for the purpose of sale or production, representing a current asset on the company’s balance sheet.

Fast Mode

A rapid operation or processing speed in a system, aiming to reduce time without compromising efficiency.

Zygomatic Arch

A bone that forms the prominence of the cheek; it acts as the bridge between the zygomatic bone on the side of the face and the temporal bone of the skull.