Whenever statements embodying values are made, we enter the realm of
A) positive economics.
B) normative economics.
C) microeconomics.
D) macroeconomics.
B
Economics
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Which legislation would U.S. labor unions support?
a. legislation to eliminate all restrictions on immigration b. legislation to increase direct foreign investment in the United States c. legislation to ease rules on immigration d. Labor unions would support all of these measures.
Economics
What is labor productivity? How does a country's standard of living relate to labor productivity?
What will be an ideal response?
Economics