Examlex
Which of the following is an example of a positive statement?
National Debt
The net accumulation of federal budget deficits.
Rate of Unemployment
The percentage of the labor force that is jobless and actively seeking employment.
Normative Economic Statement
A statement that reflects opinions or judgments about what ought to be in economics, focusing on the desirability of certain economic policies or outcomes.
Minimum Wage
The lowest legal wage that employers are allowed to pay their workers, set by law to ensure a minimum standard of living for employees.
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