Suppose an Economist Tells You That the Unemployment Rate in Canada

question 74

Multiple Choice

Suppose an economist tells you that the unemployment rate in Canada last year was 7.8%.This is an example of a(n) ________ statement.

• A)autonomous
• B)positive
• C)normative
• D)induced
• E)imputed

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Definitions:

Commercial Contractors

are businesses or individuals that are contracted to perform work or provide services as part of commercial or business activities.

Consumer Lease

A legal agreement where a consumer agrees to rent personal property, like a car or household appliance, for personal, family, or household use for a period of time.

State Statute

A written law passed by a legislative body at the state level.

Usage Of Trade

Any practice or method of dealing having such regularity of observance in a place, vocation, or trade as to justify an expectation that it will be observed with respect to the transaction in question.