Multiple Choice
Which one of the following is an example of a positive statement?
A) Farmers need some type of government aid.
B) State governments should provide economic assistance to farmers.
C) The federal government should provide economic assistance to farmers.
D) The amount of financial assistance given to farmers is higher this year than it was 10 years ago.
Correct Answer:

Verified
Correct Answer:
Verified
Q305: Which one of the following is an
Q306: Economic models are<br>A) always based on laboratory
Q307: Incentives are<br>A) potential rewards available if a
Q308: The distinction between microeconomics and macroeconomics is<br>A)
Q309: An economic model should capture<br>A) the essential
Q311: Behavioral economics is an approach to the
Q312: An appropriate test of the effectiveness of
Q313: How does the science of economics deal
Q314: Which of the following is a normative
Q315: When we say that an individual behaves