Waste systems and highways are part of a nation's infrastructure
a. True
b. False
Indicate whether the statement is true or false
True
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From an economists' perspective, which of the following observations is not true? a. Self-interest is purely monetary in nature
b. Self-interest can include benevolence. c. Self-interest is a good predictor of human behavior in most situations. d. Self-interest is not the same as selfishness.
"The U.S. government should not use my tax dollars to subsidize people on welfare"
A) is a positive economic statement because it simply describes one person's opinion. B) is a normative economic statement because it involves a value judgment about an economic policy. C) is a positive economic statement because it predicts that my tax dollars will go to welfare. D) is a normative economic statement because it is a scientific fact.