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Which of the following represents a positive economic statement?
1. The unemployment rate is 4.8 percent.
2. The government ought to lower taxes so people have more money.
3. The unemployment rate of 6.8 percent is too high.
 

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Sonal Bahl
Sonal BahlLv10
20 Oct 2020

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Related questions

which of the following represents a positive economic statement?
 
a. The unemployment rate is too high.
b. Taxes should not be increased since that will lower spending.
c. The government should extend unemployment benefits.
d. The unemployment rate is 4.8 percent.
Which of the following represents a positive economic statement?
a) The unemployment rate is too high.
b) The unemployment rate is 4.8 percent.
c) The government should extend unemployment benefits.
d) Taxes should not be increased since that will lower spending.

Which of the following represents a normative economic statement?

a. The unemployment rate is higher than it was last year.

b. The government will have a larger deficit if unemployment.

c. The government ought to lower taxes so people have more money.

d. Higher taxes will lower spending. 

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