Issuing stock is riskier for corporations since there is a legal requirement to pay dividends.

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 (n) ____ economic statement, and the labor head's statement is a (n) ____ economic statement

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

ch1.What does the expression "There's no such thing as a free lunch" mean?

What will be an ideal response?