Examlex
Water commonly exists in large amounts in which of the following physical states?
Unemployment
The situation when individuals who are capable of working and are actively seeking work are unable to find employment.
Equality
A state of being equal, especially in status, rights, and opportunities.
Positive Economics
The branch of economics that concerns itself with describing and explaining economic phenomena as they are, not as they should be.
Normative Economics
An area of economics that analyzes outcomes based on value judgments about what is desirable or what ought to be, rather than what merely is.
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