Multiple Choice
Which of the following is NOT a positive statement?
A) The unemployment rate is 5.8 percent.
B) The inflation rate for 2002 was 2.3 percent.
C) The national debt is too high.
D) The federal government budget for 2004 is $2.2 trillion.
Correct Answer:
Verified
Correct Answer:
Verified
Q22: In economics<br>A) both resources and wants are
Q23: Self-interest<br>A) implies that a person must try
Q24: According to economists, when two people make
Q25: Jane is currently developing a model to
Q26: One major assumption of economics is that
Q28: The economic way of thinking will help
Q29: Resources are<br>A) unlimited.<br>B) able to be replicated
Q30: The usefulness of a model is determined
Q31: Economics is a<br>A) hard science.<br>B) physical science.<br>C)
Q32: The United States is best known as