Which statement is positive?
A) The rate of unemployment should be 4%.
B) A high rate of economic growth should be a more important economic goal than a low rate of inflation.
C) The federal government spends half of its budget on national defense.
D) Everyone in the country should be covered by national health insurance.
Correct Answer:
Verified
Q232: Which statement is normative?
A)Women's labor force participation
Q233: Which statement is normative?
A)International trade leads to
Q234: A normative statement deals with:
A)the facts.
B)what was,is,or
Q235: "The rate of unemployment is 9%." This
Q236: In the circular-flow diagram,firms receive money for
Q238: Which statement is positive?
A)The rate of unemployment
Q239: Which statement is normative?
A)The minimum wage has
Q240: Which statement is a positive economic statement?
A)Government
Q241: Suppose residents of Montana operate on their
Q242: The financial meltdown in 2008-2009 was partially
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