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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.

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Reid Wolff
Reid WolffLv2
24 Apr 2020

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Related questions

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. 

which of the following represents a normative economic statement?
 
a. Higher taxes will lower spending.
b. The government will have a larger deficit if unemployment benefits are extended.
c. The unemployment rate is higher than it was last year.
d. The government ought to lower taxes so people have more money.

Which of the following measures will lower the natural rate of​unemployment? 

A. More high school graduates enter college without looking for employment right away.

B. Government increases the duration of unemployment compensation benefits.

C. Government increases spending to reduce job loss during a recession.

D. The labour force becomes less educated over time.

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