Multiple Choice
Which of the following is a positive statement?
A) Given their negative impact on productivity,the government should eliminate labour unions.
B) Taxes should be lower because then people get to keep more of what they earn,so they will work more.
C) My economics class should last for two terms because it is my favourite class.
D) The class average on this test should be more than 80 per cent.
E) A 10 per cent increase in income leads to a 4 per cent increase in the consumption of beef.
Correct Answer:

Verified
Correct Answer:
Verified
Q262: A cross-section graph<br>A)shows the values of an
Q263: Which type of economic graph reveals trends
Q264: Which of the following is a positive
Q265: Of the three major economic questions,which of
Q266: If there is no scarcity,<br>A)all marginal benefits
Q267: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1012/.jpg" alt=" -In the figure
Q268: If two variables are unrelated,their graph is<br>A)an
Q269: The statement 'if taxes on petrol increase,petrol
Q270: Correlation means<br>A)holding everything else constant.<br>B)the same as
Q271: The vertical axis in a graph<br>A)is named