Which of the following investments offers fixed dividend payments?

In short-run equilibrium in a perfectly competitive market, firms always make zero economic profit

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

The Secretary of Labor states that wage rates in the country have risen by 2 percent this past year. The head of a local labor union states that wage gains should have been higher. The Secretary's statement is a ___________ economic statement, and the labor union head's statement is a(n) _____________ economic statement

a. normative; normative b. normative; positive c. positive; normative d. positive; positive e. proper; improper