Multiple Choice
Which of the following is a statement of positive economics?
A) Unemployment is a more severe problem in societies than inflation.
B) Our current unemployment rate is a serious problem.
C) If the overall unemployment rate is 6 percent, black unemployment rates will exceed 12 percent.
D) An unemployment rate of 4 percent would be too low.
Correct Answer:
Verified
Correct Answer:
Verified
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