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Which of the Following Is a Positive Economic Statement

Question 1

Multiple Choice

Which of the following is a positive economic statement?


A) We should raise the minimum wage in order to provide a decent wage for more people.
B) Consumers bought fewer cars when the relative price of cars increased.
C) The budget deficit has been rising in recent years.
D) Federal government spending ought to be curtailed.
E) b and c

Correct Answer:

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