Author Question: Select the positive statement that completes the sentence: If wages rise more rapidly than ... (Read 161 times)

elizabeth18 · **on:** Jun 30, 2018

Select the positive statement that completes the sentence: If wages rise more rapidly than productivity:
a. profits will fall. b. workers will earn 3/4 of GDP.
c. the rate of inflation increases. d. all of these.

Question 2

Which of the following is a statement of positive economics?
a. Government control of rent is a fair way to help poor people afford housing.
b. Government control of rent keeps landlords from charging too much rent.
c. Government control of rent decreases the number of new apartments constructed.
d. Government control of rent is an injustice.