Multiple Choice
Which of the following is an example of a positive economic statement?
A) In order to reduce the budget deficit, tax rates should be increased.
B) In order to increase employment, the minimum wage must be decreased.
C) If payroll taxes are raised, then the government budget will show a surplus.
D) If gas prices fall, consumers should purchase more gas.
Correct Answer:

Verified
Correct Answer:
Verified
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