Which statement is positive?
A) The poverty rate should be 4%.
B) A high rate of economic growth should be a more important goal for the country than should a low rate of unemployment.
C) The federal government pays for 92% of provincial health care costs.
D) Everyone in the country should be covered by government provided dental insurance.
Correct Answer:
Verified
Q222: Which statement is positive?
A)The poverty rate is
Q224: "Unemployment of 5% is too high" is:
A)a
Q225: A statement that the minimum wage should
Q229: Which statement is normative?
A)Government has grown too
Q232: Statements that make value judgements are:
A) pecuniary.
B)
Q233: Which statement is normative?
A)International trade leads to
Q235: Which statement is normative?
A) The rate of
Q237: "The rate of unemployment is 9%." This
Q256: Economic models that make unrealistic assumptions may
Q273: Absolute advantage is the basis for gains
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