Multiple Choice
Which of the following is a normative economic statement?
A) An increase in corporate income taxes will cause the unemployment rate to increase.
B) The costs of medical care are increasing faster than the incomes of U.S. citizens.
C) Teenage unemployment is over 12 percent today.
D) Teenage unemployment is too high for the United States.
Correct Answer:

Verified
Correct Answer:
Verified
Q131: An inverse relationship will be graphed as<br>A)
Q132: Which of the following is TRUE of
Q133: If an increase in one variable causes
Q134: Sara looks into her closet and discovers
Q135: Which of the following is an example
Q137: Economics is a study of<br>A) how to
Q138: If the slope of a curve is
Q139: The author of the book An Inquiry
Q140: Microeconomics is the study of<br>A) the behavior
Q141: Macroeconomics is concerned with<br>A) individual business firms.<br>B)