Which of the Following Is True Regarding This Statement? "The

question 218

Multiple Choice

Which of the following is true regarding this statement? "The president's decision to spend more money on national defense is smart."

• A) This is a normative statement.
• B) The federal government does not face scarcity.
• C) This topic would be studied in microeconomics.
• D) Social interest must always be more important than self-interest.
• E) Ceteris paribus does not apply to the government.

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Definitions:

Wagner Act

A foundational piece of labor legislation in the United States, officially known as the National Labor Relations Act of 1935, that established the rights of workers to form unions and engage in collective bargaining.

Illegal

Actions or activities that are forbidden by law.

Safety Procedures

Standardized actions or protocols designed to minimize risk and protect individuals from accidents and injuries in the workplace or public spaces.

National Labor Relations Board

A federal agency of the United States responsible for enforcing US labor law in relation to collective bargaining and unfair labor practices.