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    Macroeconomics Study Set 27
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    Exam 2: Economic Models
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    Unemployment Decreased to Its Lowest Level in 10 Years Last
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Unemployment Decreased to Its Lowest Level in 10 Years Last

Question 104

Question 104

Multiple Choice

Unemployment decreased to its lowest level in 10 years last month. This statement is:


A) an example of an opportunity cost.
B) a positive economic statement.
C) a normative economic statement.
D) a value judgment.

Correct Answer:

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