Which of the Following Is a Statement of Positive Economics

question 4

Multiple Choice

Which of the following is a statement of positive economics?

• A) Unemployment is a more severe problem in societies than inflation.
• B) Our current unemployment rate is a serious problem.
• C) If the overall unemployment rate is 6 percent, black unemployment rates will exceed 12 percent.
• D) An unemployment rate of 4 percent would be too low.

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Definitions:

Financial Statements

Formal records of the financial activities and position of a business, person, or other entity, providing an overview of a company's financial condition in both short and long term.

Amihud and Mendelson

Researchers known for their work in finance, particularly on the effects of market liquidity on asset prices and the bid-ask spread.

Rate of Return

The financial outcome, be it profit or loss, from an investment over a planned duration, represented as a percentage of the initial amount invested.

Investment Newsletter

A publication that provides advice and analysis on investment opportunities, market trends, and financial strategies.