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 provincial transfer payments.
D) Everyone in the country should be covered by government provided dental insurance.
Correct Answer:
Verified
Q224: Which statement is normative?
A) The rate of
Q224: "Unemployment of 5% is too high" is:
A)a
Q225: A statement that the minimum wage should
Q226: "The current unemployment rate of 9% is
Q226: Which statement is positive?
A) The rate of
Q229: Which statement is normative?
A)Government has grown too
Q230: Unemployment decreased to its lowest level in
Q232: Statements that make value judgements are:
A) pecuniary.
B)
Q240: Which statement is a positive economic statement?
A)Government
Q251: Economists may disagree about policies because they:
A)approach
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