"Unemployment will decrease because the economy is growing" is anexample of a positive statement.
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Q19: Scarcity is a temporary state of insufficiency
Q20: The circular flow model shows how households
Q21: The circular flow model shows what households
Q22: Economics is the social science that describes
Q23: "The unemployment rate is five percent" is
Q25: To state that the resources of the
Q26: The finite nature of the economy's resource
Q27: If a resource is nonrenewable and we
Q28: Which of the following would not be
Q29: Consumer sovereignty implies that
A) producers determine what
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