The current rate of unemployment of 5 percent is too high.This is a _______ statement.
A) normative
B) ceteris paribus
C) positive
D) fallacy of false cause
Correct Answer:
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Q112: "Smokers are more likely to be murdered
Q113: The current rate of unemployment is 5
Q114: An example of a normative statement is:
A)
Q115: Positive statements are:
A) microeconomic in nature.
B) macroeconomic
Q116: A free good is one that can
Q118: Scarcity is determined by the existence of
Q119: A good is scarce if we must
Q120: Most economists' disagreements are a result of:
A)
Q121: An attempt should always be made to
Q122: The questions of what goods to produce,
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