Multiple Choice
Which of the following is a normative economic statement?
A) The U.S.rate of unemployment was lower in 2004 than it was in 1994.
B) Savings accounts earn interest,whereas checking accounts do not.
C) Congress 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 labor force without jobs increases.
E) The unemployment rate among teenagers is higher than the rate among adults.
Correct Answer:

Verified
Correct Answer:
Verified
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