Multiple Choice
Which of the following is a normative statement?
A) The Canadian rate of unemployment was lower in 2004 than it was in 1994.
B) Savings accounts earn interest, whereas checking accounts do NOT.
C) Parliament must recognize that the growing national debt is the most serious problem that the country faces.
D) The unemployment rate increases when the percentage of the labour force without jobs increases.
Correct Answer:

Verified
Correct Answer:
Verified
Q74: What does economics study? <br>A) how individuals amass
Q75: Which of the following best describes when
Q76: Which term refers to the fact that
Q77: Which of the following is a fallacy
Q78: What is the difference between a positive
Q80: If a business produces and sells only
Q81: What types of exchanges does a market
Q82: When will a rational decision maker take
Q83: Which of the following best describes the
Q84: Steve currently subscribes to two magazines and