Evaluate the following statements and identify if it falls on a positive or negative statement. Justify you Description of econ-statement 1.The Philippine government should shoulder all expenses of COVID-19 patients. Your stand/answer 2.A higher interest rate will reduce the demand for loanable funds. 3.If the government will increase the subsidy grants to COVID-19 affected areas, then, the cases will be lessen/lowered.
Evaluate the following statements and identify if it falls on a positive or negative statement. Justify you Description of econ-statement 1.The Philippine government should shoulder all expenses of COVID-19 patients. Your stand/answer 2.A higher interest rate will reduce the demand for loanable funds. 3.If the government will increase the subsidy grants to COVID-19 affected areas, then, the cases will be lessen/lowered.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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![Evaluate the following statements and identify if it falls on a positive or negative statement. Justify your
answer.
Your stand/answer
Description of econ-statement
1.The Philippine government should
shoulder all expenses of COVID-19
patients.
2.A higher interest rate will reduce the
demand for loanable funds.
3.If the government will increase the
subsidy grants to COVID-19 affected
areas, then, the cases will be
lessen/lowered.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F02bcabc9-756f-49de-ba2e-a9ad7f1f088a%2F988f0314-2384-4fbb-b29b-73012635b654%2Fvvusp0l_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Evaluate the following statements and identify if it falls on a positive or negative statement. Justify your
answer.
Your stand/answer
Description of econ-statement
1.The Philippine government should
shoulder all expenses of COVID-19
patients.
2.A higher interest rate will reduce the
demand for loanable funds.
3.If the government will increase the
subsidy grants to COVID-19 affected
areas, then, the cases will be
lessen/lowered.
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