Which statement is positive?
A) The rate of unemployment is 4%.
B) A high rate of economic growth is the most important economic goal for the country.
C) Everyone in the country should be covered by government provided dental insurance.
D) Baseball players should not be paid higher salaries than is the prime minister of Canada.
Correct Answer:
Verified
Q221: Economists who are asked to choose between
Q222: Some well-respected economists argue vehemently that the
Q224: Which statement is normative?
A) The rate of
Q224: "Unemployment of 5% is too high" is:
A)a
Q226: "The current unemployment rate of 9% is
Q229: Which statement is positive?
A) The rate of
Q230: Unemployment decreased to its lowest level in
Q234: A normative statement deals with:
A)the facts.
B)what was,is,or
Q240: Which statement is a positive economic statement?
A)Government
Q251: Economists may disagree about policies because they:
A)approach
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