Which of the Following Statements Is an Example of Positive

question 96

Multiple Choice

Which of the following statements is an example of positive economics?

• A) Unemployment is a more serious problem than inflation because we all need to work for money to survive.
• B) Inflation is a more serious problem than unemployment,because we do not want our income to shrink with rising prices.
• C) Immigration is bad for the economy because we allow new immigrants to get some of the better jobs.
• D) Growth in income should be accomplished through government intervention.
• E) If wages increase,firms may have to fire some of their workers.

Understand materiality in misrepresentation cases and its significance in inducing contract formation.

Learn about specific defenses that can void a contract due to issues like fraud in the execution, duress, or economic changes.

Recognize valid grounds for the remedy of rescission in contract disputes.

Understand the elements required to establish a cause of action based on fraud or duress in contract law.

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Definitions:

Peer Relations

Refers to the social connections and interactions an individual has with their counterparts, especially concerning children or adolescents.

Equal Basis

A principle advocating for fairness and equality in treatment or opportunity among all parties involved.

Controversial

Relating to or causing public disagreement, debate, or dispute.

Developmentalists

Researchers and professionals who study the physical, cognitive, and social development of humans throughout the lifespan.