Which of the Following Is a Positive Economic Statement

question 20

Multiple Choice

Which of the following is a positive economic statement?  

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

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Definitions:

Insulin

A hormone produced by the pancreas that regulates blood glucose levels by promoting the uptake of glucose into cells.

Stored Fat

Body fat that is accumulated and stored within the body, serving as an energy reserve.

Epinephrine

A biochemical substance, also referred to as adrenaline, that acts as both a hormone and a neurotransmitter, playing a crucial role in the body's fight-or-flight mechanism.

Thyroid Hormone

Hormones produced by the thyroid gland, crucial for regulation of metabolism, energy generation, and developmental growth.