"Inflation Is Currently 2 Percent in the United States

question 40

Multiple Choice

"Inflation is currently 2 percent in the United States." This statement is an example of

• A)a positive statement.
• B)a normative statement.
• C)the fallacy of composition.
• D)macroeconomics.
• E)microeconomics.

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Definitions:

Hemoglobin

A protein in red blood cells that carries oxygen from the lungs to the body's tissues and returns carbon dioxide from the tissues back to the lungs.

Sickle Cell Anemia

A hereditary blood disorder characterized by abnormal hemoglobin, resulting in some red blood cells assuming an abnormal sickle shape.

B-Thalassemia Major

A severe blood disorder caused by a genetic mutation, leading to reduced production of hemoglobin and potentially severe anemia.

Hemophilia

A medical condition, usually inherited, in which the ability of the blood to clot is severely reduced, causing the sufferer to bleed severely from even a slight injury.