"The plan to create private accounts in Social Security will reduce benefits for some workers," is an example of a statement, while "Social Security will be better if the private accounts are allowed" is an example of a statement.

A. structural policy; fiscal policy
B. normative; positive
C. positive; normative
D. monetary policy; fiscal policy

Answer: C

Economics

The per-unit burden of the tax on sellers is

A. $8 B. $14 C. $6 D. $10

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Economics

The magnitude of the slope of an indifference curve is the marginal

A) rate of substitution. B) rate of relative prices. C) utility of substitution. D) rate of utility of income.

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Economics

"The plan to create private accounts in Social Security will reduce benefits for some workers," is an example of a ________ statement, while "Social Security will be better if the private accounts are allowed" is an example of a ________ statement.