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The Secretary of Labor States That Wage Rates in the Country

Question 146

Multiple Choice

The Secretary of Labor states that wage rates in the country have risen by 2 percent this past year. The head of a local labor union states that wage gains have not kept pace with the 3 percent rate of inflation. The Secretary's statement is a (n) ____ economic statement, and the labor head's statement is a (n) ____ economic statement.


A) normative; normative
B) normative; positive
C) positive; normative
D) positive; positive
E) proper; improper

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