Which of the following is an example of a positive statement?
A. When the price of an item increases, people respond by reducing their consumption of the item.
B. Ceteris paribus, a teacher should award a higher grade if you study more hours for an economics test.
C. It is too hot to go jogging
D. The government should balance the budget.
A. When the price of an item increases, people respond by reducing their consumption of the item.
B. Ceteris paribus, a teacher should award a higher grade if you study more hours for an economics test.
C. It is too hot to go jogging
D. The government should balance the budget.