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:

Illegality of Object

The principle that a contract is void if it involves actions or outcomes that are illegal or against public policy.

Cocaine

Cocaine is a powerful stimulant drug derived from the leaves of the coca plant, often used recreationally for its euphoric effects but illegal in many jurisdictions.

Rescission

The act of cancelling a contract, returning all parties to their pre-contractual state, often due to mistakes, fraud, or misrepresentation.

Fraudulent Misrepresentation

False statements or claims made deceitfully to induce another party into a contract, leading to harm or loss.