"The Rate of Unemployment Is 9%." This Statement

question 231

Multiple Choice

"The rate of unemployment is 9%." 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:

Illegal Conspiracy

An unlawful plan by two or more parties to commit a criminal act or to achieve an illegal end.

Massachusetts Supreme Court

The highest court in the Commonwealth of Massachusetts, responsible for interpreting and applying the law.

Commonwealth v. Hunt

A landmark 1842 Massachusetts Supreme Court case that declared labor unions and strikes legal for the first time in the United States.

Labor Unions

Organizations formed by workers to protect their rights and interests, negotiate with employers over wages, benefits, and working conditions.