Which of the Following Is a Positive Statement

question 30

Multiple Choice

Which of the following is a positive statement?

• A)The unemployment rate of 7 percent or higher is a national disgrace.
• B)Unemployment is a less important problem than inflation.
• C)When the national unemployment rate is 7 percent,the unemployment rate among inner-city youth is often close to 40 percent.
• D)Unemployment and inflation are equally important problems.
• E)An inflation rate of 7 percent is too high.

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Definitions:

Reporting Agencies

Organizations that collect and disseminate information on individuals' or companies' financial and credit history.

Specific Calculations

Defined processes or formulas used to solve particular problems or to determine exact values within a given context.

Leverage Ratio

A financial ratio that measures the degree of an entity’s reliance on borrowed funds compared to its equity.

Financial Statements

Documents that provide an overview of a business or individual's financial condition, including balance sheets, income statements, and cash flow statements.