High School Economics Quiz
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FOUNDATIONS OF ECONOMIC THINKING
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Which of the following statements is a positive economic statement, even if it might be factually incorrect?
A
The government is morally obligated to provide a universal basic income to all its citizens.
B
Reducing the capital gains tax rate will result in a higher level of business investment.
C
A fair tax system is the most important objective for any modern economy.
D
It is unethical for a company to move its production facilities overseas to lower labor costs.
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