23) Vhich of the following is an example of a positive statement?Select one:cross outO a. If welfare payments increase, the world will be a better place.cross outO b. Prices rise when the government prints too much money.cross outO c. The benefits to the economy of improved equity are greater than thecosts of reduced efficiency.cross outO d. Inflation is more harmful to the economy than unemployment.

Economics is the investigation of shortage and its suggestions for the utilization of assets,…

Answered: one: If welfare payments increase, the…

one: If welfare payments increase, the world will be a better place. Prices rise when the government prints too much money. The benefits to the economy of improved equity are greater than the

Economics: Private and Public Choice (MindTap Course List)

16th Edition

ISBN:9781305506725

Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson

Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson

ChapterST1: Government Spending And Taxation

Section: Chapter Questions

Problem 2CQ

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Question

23)

Vhich of the following is an example of a positive statement?
Select one:
cross out
O a. If welfare payments increase, the world will be a better place.
cross out
O b. Prices rise when the government prints too much money.
cross out
O c. The benefits to the economy of improved equity are greater than the
costs of reduced efficiency.
cross out
O d. Inflation is more harmful to the economy than unemployment.

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