Multiple Choice
Which of the following is a positive statement?
A) Increased prison sentences are the best way to reduce the crime rate.
B) State lotteries are good methods to use for raising revenues.
C) An increase in gas prices leads people to car pool more.
D) Inflation is a more serious problem than is deflation.
Correct Answer:

Verified
Correct Answer:
Verified
Q323: The opportunity cost of any action is<br>A)
Q324: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6802/.jpg" alt=" -Using the above
Q325: When Al makes the statement, ʺThe cost
Q327: Which of the following best defines capital
Q329: Consider a diagram in which the variable
Q330: Differences in income are most directly related
Q331: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6802/.jpg" alt=" -In the above
Q332: The opportunity cost of something you decide
Q333: The slope of a positive relationship is<br>A)
Q401: What is a normative statement? Give an