Which of the following is a positive statement?

A) An unemployment rate of 5.8 percent is too high.
B) The unemployment rate is 5.8 percent.
C) The unemployment rate should be below 5.8 percent.
D) The unemployment rate should never be above 5.8 percent.


Answer: B

Economics

You might also like to view...

What is the main difference between an instrument rule and a targeting rule? Be sure to define each

What will be an ideal response?

Economics

Dwindling resources encourage the development of substitute products

a. True b. False Indicate whether the statement is true or false

Economics

Bonds are

A) promises to repay loans. B) promissory notes issued by partnerships. C) promissory notes issued by proprietorships. D) shares of ownership in a corporation.

Economics

A per-unit tax designed to internalize the costs of production imposed on third parties is called:

A. a sin tax. B. an effluent fee. C. an excise tax. D. a tariff.

Economics