Which of the Following Is a Positive Statement

question 50

Multiple Choice

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 national unemployment rate is 7 percent, the unemployment rate for inner-city youth is often close to 40 percent.
• D)Unemployment and inflation are equally important problems.
• E)An inflation rate of 7 percent is too high.

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Definitions:

Operating at Capacity

A condition in which a company or facility is producing at the maximum output possible within the constraints of current resources and technology.

Selling Price

The amount for which a product or service is sold to a customer.

Variable Costs

Costs that change in proportion to the level of production or business activity.

Cost Center

A department or unit within an organization to which costs can be allocated, but that does not directly generate revenue.