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    Principles of Economics Study Set 12
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    Exam 2: Observing and Explaining the Economy
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    "Inflation Is a More Serious Problem Than Unemployment
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"Inflation Is a More Serious Problem Than Unemployment

Question 133

Question 133

Multiple Choice

"Inflation is a more serious problem than unemployment." This statement is an example of


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

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