Unemployment Decreased to Its Lowest Level in 10 Years Last

question 197

Multiple Choice

Unemployment decreased to its lowest level in 10 years last month.This statement is a(n) :

• A)example of an opportunity cost.
• B)positive economic statement.
• C)normative economic statement.
• D)value judgment.

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Definitions:

Workplace

The physical or virtual space where employees perform their job duties, which impacts their productivity, satisfaction, and interaction with others.

Spouses

Individuals legally married to each other.

External Locus of Control

A psychological concept where individuals believe that their successes or failures result from external factors beyond their control.

Ethical Decision Making

The process of evaluating and choosing among alternatives in a manner consistent with ethical principles. This involves considering how actions affect stakeholders and the wider community.