ECONOMICS
Multiple Choice
Which of the following is a positive statement?
a. An unemployment rate of 7 percent or higher is a national disgrace.
b. Unemployment is a less important problem than inflation.
c. When the national unemployment rate is 7 percent, the unemployment rate for inner-city youth is often close to 40 percent.
d. Unemployment and inflation are equally important problems.
e. An inflation rate of 7 percent is too high.
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