Positive statements contain mostly

A) opinions and conditions.
B) facts and predictions.
C) bias.
D) logical arguments mixed with statements of opinion.

Answer: B

Economics

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The benefit from an additional unit of a good or service that society receives from the consumption of that good or service is the

A) marginal private benefit. B) marginal external benefit. C) marginal social benefit. D) opportunity cost.

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In a(n) __________ insurance policy, the savings component is allocated among a menu of investment options

A) whole B) term C) universal D) variable

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