Which of the following is a positive statement?
A) An unemployment rate of 7 percent or higher is a national disgrace.
B) Unemployment is a less important problem than inflation.
C) When the unemployment rate in an economy is 7 percent, the unemployment rate of the urban population is often close to 40 percent.
D) Unemployment and inflation are equally important problems.
E) An inflation rate of 7 percent is too high.
Correct Answer:
Verified
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