Multiple Choice
Which of the following is an example of a positive economic statement?
A) Workers with families should be paid at least the minimum wage.
B) If crime rates were reduced, the world would be a better place to live.
C) Marginal tax rates should be reduced for individuals in the highest tax bracket.
D) An increase in the price of gasoline will cause a reduction in the amount of gasoline purchased.
E) Corrupt politicians ought to be voted out of office.
Correct Answer:

Verified
Correct Answer:
Verified
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