The current rate of unemployment is 9%.This statement:
A.is positive.
B.is normative.
C.involves a value judgment.
D.is a personal reflection and has no value in economics.
Correct Answer:
Verified
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Q195: Statements that make value judgments are:
A.pecuniary.
B.positive.
C.nominal.
normative.
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Q234: A normative statement deals with:
A)the facts.
B)what was,is,or
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