Multiple Choice
Which statement is normative?
A) Women's labor force participation rate has increased during the past 100 years.
B) The federal minimum wage is higher today than it was in 1990.
C) Children in the United States are required to go to school until they reach a certain age.
D) The best way to encourage growth in the economy is through government spending.
Correct Answer:
Verified
Correct Answer:
Verified
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Q4: In the simplest circular-flow model,households supply _
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Q6: Economists may disagree about policies because they:<br>A)approach
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Q9: The circular-flow diagram illustrates how households _
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Q11: The concept of comparative advantage is based
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