"Ensuring that Social Security is financially sound for future generations is an important use of taxpayer dollars" is an example of a
a. normative economic statement.
b. positive economic statement.
c. statement made by an economist working as a scientist.
d. judgment based on evaluation of evidence, not values.
a
Economics
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If the transactions approach to measuring money is used, then the money supply consists of
A) currency only. B) transaction deposits only. C) currency and transaction deposits only. D) currency, checkable and debitable deposits, and traveler's checks.
Economics
Which of the following is not included in GDP?
a. a can of bug spray b. the services of an exterminator c. the honey produced and sold by a beekeeper d. All of the above are included in GDP.
Economics