"Unemployment of 5% Is Too High" Is

question 279

Multiple Choice

"Unemployment of 5% is too high" is:

• A)a normative statement.
• B)a positive statement.
• C)the circular-flow model.
• D)an example of comparative advantage.

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Definitions:

Groundwater

Water that occupies the pore spaces and fractures in soil, sand, and rock, located beneath the Earth’s surface.

Uranium

A heavy radioactive metallic element used as fuel in nuclear reactors and as a component in nuclear weapons.

Natural Gas

Hydrocarbons that exist as gas or vapor at ordinary temperatures and pressures.

Sedimentary Facies

Different sections of a sedimentary environment that exhibit distinct characteristics in terms of composition, appearance, and means of origin.