menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Principles of Economics Study Set 8
  4. Exam
    Exam 2: Observing and Explaining the Economy
  5. Question
    "Inflation Is Currently 4 Percent in the United States
Solved

"Inflation Is Currently 4 Percent in the United States

Question 4

Question 4

Multiple Choice

"Inflation is currently 4 percent in the United States." This statement is an example of


A) a positive statement.
B) a normative statement.
C) the fallacy of composition.
D) macroeconomics.
E) microeconomics.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q3: When economists do disagree,the disagreement usually pertains

Q5: Which of the following is a normative

Q6: The figure below shows the relationship of

Q7: In order to determine a causation between

Q19: Macroeconomics deals with large industries such as

Q93: Economic data always give an accurate picture

Q103: Economists develop new models only when new

Q107: An economic model is a tool used

Q109: A positive statement is necessarily a subjective

Q113: To argue that economics is a partisan

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines