Solved

Which of the Following Statements Is an Example of Positive

Question 178

Multiple Choice

Which of the following statements is an example of positive economic analysis?


A) The inflation rate is too high.
B) The government should worry less about inflation and more about unemployment.
C) If the government increases the rate of growth of the money supply, the inflation rate will increase, ceteris paribus.
D) The elderly live on a fixed income, so the government has an obligation to keep inflation rates low.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions