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Should the Unemployment Rate Be Considered a Normative or Positive

question 9

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Should the unemployment rate be considered a normative or positive concept?


Definitions:

Cause and Effect

Describes a relationship where one event (the cause) makes another event happen (the effect).

Correlation Coefficient

is a statistical measure that describes the extent to which two variables change together, but does not necessarily imply causation between them.

Normal Distribution

A bell-shaped curve that represents the distribution of many types of data where most values cluster around a middle range and the rest taper off symmetrically.

Operational Definition

A clear and detailed description of how a research variable is measured or defined within the context of a study.

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