Which of the Following Is an Example of a Positive

question 94

Multiple Choice

Which of the following is an example of a positive statement?

• A)New tax laws implemented by the government are likely to benefit the poor.
• B)An increase in cigarette smoking will increase the likelihood of getting lung cancer.
• C)The government should encourage all able-bodied citizens to enroll in the army.
• D)The government should provide tax benefits to parents with more than two kids
• E)There should be equality in the distribution of income in an economy

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Definitions:

Contractual Interest Rate

The agreed-upon rate of interest to be paid on a loan, as stated in the loan contract.

Market Interest Rate

The prevailing rate of interest available in the marketplace for borrowers and lenders, often influenced by factors like inflation, economic conditions, and federal monetary policies.

Selling Price

Selling price refers to the amount of money a buyer pays to acquire a product or service from a seller.

Carrying Value

The net amount at which an asset or liability is valued on the balance sheet, factoring in depreciation, amortization, or impairment costs.