Which of the following is a statement of positive economics?
a. Unemployment is a more severe problem in societies than inflation

b. Our current unemployment rate is a serious problem.
c. If the overall unemployment rate is 6 percent, teenage unemployment rates will exceed 12 percent.
d. An unemployment rate of 4 percent would be too low.

c

Economics

You might also like to view...

Equilibrium price

What will be an ideal response?

View
Economics

If firms and workers could predict the future price level exactly, the short-run aggregate supply curve would be

A) downward sloping. B) horizontal. C) upward sloping. D) vertical.

View
Economics