Which of the following are examples of positive economics? O A. Tonly. I. A free market in kidneys would end the shortage of kidneys. O B. II & II. II. People should not sell organs for profit. OC. 1 & IV. III. The United States should not trade with countries with human rights abuses. O D. They are all normative statements. IV. Workers pay the majority of corporate taxes in the form of lower wages.

Survey Of Economics
10th Edition
ISBN:9781337111522
Author:Tucker, Irvin B.
Publisher:Tucker, Irvin B.
Chapter1: Introducing The Economic Way Of Thinking
Section: Chapter Questions
Problem 8SQP
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Which of the following are examples of positive economics?
O A. I only.
I. A free market in kidneys would end the shortage of kidneys.
B. II & III.
II. People should not sell organs for profit.
C. 1 & IV.
III. The United States should not trade with countries with human rights abuses.
D. They are all normative statements.
IV. Workers pay the majority of corporate taxes in the form of lower wages.
Transcribed Image Text:Which of the following are examples of positive economics? O A. I only. I. A free market in kidneys would end the shortage of kidneys. B. II & III. II. People should not sell organs for profit. C. 1 & IV. III. The United States should not trade with countries with human rights abuses. D. They are all normative statements. IV. Workers pay the majority of corporate taxes in the form of lower wages.
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