The Current Rate of Unemployment Is 5 Percent

question 129

Multiple Choice

The current rate of unemployment is 5 percent.This statement:

• A) is positive.
• B) is normative.
• C) involves a value judgment.
• D) is a personal reflection and has no value in economics.

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Definitions:

Step-by-step

An approach or method that proceeds gradually from one clearly defined stage to the next.

Stereochemical

Pertaining to the spatial arrangement of atoms in molecules and the impact of this arrangement on their chemical behavior and reactions.

Regio-

A prefix used in chemistry to describe the orientation or position of functional groups within molecules.

Stereochemical

Relating to the spatial arrangement of atoms in molecules and its impact on the properties and reactions of those molecules.