Friday, July 1, 2011

Which of the following is a positive statement?

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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