Instructions: Identify the Following

question 72

Short Answer

Instructions: Identify the following. Be as specific as possible, and include names, dates, and relevant facts as appropriate. Be sure to explain the significance of the person or term.
Progressive Party

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Definitions:

Normative Statement

A statement that expresses a value judgment or opinion, indicating what ought to be rather than what is empirically observable.

Unemployment Rate

The percentage of the labor force that is jobless and actively seeking employment.

Positive Economics

The branch of economics that focuses on factual and cause-and-effect relationships, avoiding value judgments about what ought to be.

Prescriptions

Authorized orders for medication given by a licensed healthcare professional, allowing a patient to be provided medicine.