"The government should eliminate income inequality" is an example of
A) a positive statement.
B) a realistic argument.
C) a factual statement.
D) a normative statement.
Answer: D
Economics
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A country has a trade deficit. Its
a. net capital outflow must be positive, and saving is larger than investment. b. net capital outflow must be positive and saving is smaller than investment. c. net capital outflow must be negative and saving is larger than investment. d. net capital outflow must be negative and saving is smaller than investment.
Economics
A decrease in the money supply aimed at decreasing aggregate output is referred to as
A) contractionary fiscal policy. B) expansionary fiscal policy. C) expansionary monetary policy. D) contractionary monetary policy.
Economics