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:

Verified
Correct Answer:
Verified
Q173: If people act as if they systematically
Q174: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" -In the above
Q175: Which one of the following is an
Q176: Which of the following is an aggregate?<br>A)
Q177: Some pet owners are using an "invisible
Q179: All of the following are examples of
Q180: Microeconomics is the study of<br>A) aggregate measures
Q181: Microeconomics studies<br>A) decisions made by individual consumers
Q182: Microeconomics is concerned with the study of<br>A)
Q183: Economic resources are<br>A) all the items that