Author Question: The U.S. government should not use my tax dollars to subsidize people on welfare A) is a positive ... (Read 45 times)

LaDunn

  • Hero Member
  • *****
  • Posts: 526
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.

Question 2

All of the following are characteristics of an oligopoly EXCEPT
 
  A) diseconomies of scale over all ranges of output.
  B) small number of firms.
  C) high barriers to entry.
  D) interdependence.



irishcancer18

  • Sr. Member
  • ****
  • Posts: 310
Answer to Question 1

B

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Street names for barbiturates include reds, red devils, yellow jackets, blue heavens, Christmas trees, and rainbows. They are commonly referred to as downers.

Did you know?

The first monoclonal antibodies were made exclusively from mouse cells. Some are now fully human, which means they are likely to be safer and may be more effective than older monoclonal antibodies.

Did you know?

Parkinson's disease is both chronic and progressive. This means that it persists over a long period of time and that its symptoms grow worse over time.

Did you know?

Many medications that are used to treat infertility are injected subcutaneously. This is easy to do using the anterior abdomen as the site of injection but avoiding the area directly around the belly button.

Did you know?

The Centers for Disease Control and Prevention has released reports detailing the deaths of infants (younger than 1 year of age) who died after being given cold and cough medications. This underscores the importance of educating parents that children younger than 2 years of age should never be given over-the-counter cold and cough medications without consulting their physicians.

For a complete list of videos, visit our video library