Which of the Following Is a Statement of Positive Economics

question 56

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, teenage unemployment rates will exceed 12 percent.
• D)​An unemployment rate of 4 percent would be too low.

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Definitions:

Dynasty

A line of hereditary rulers of a country or empire; a succession of people from the same family who play a prominent role in business, politics, or another field.

Present Discontents

A reference to current dissatisfaction or unease among a population or within an individual about social, political, or personal circumstances.

Edmund Burke

An Irish statesman and philosopher, often regarded as the father of modern conservatism, known for his support of the American Revolution and critiques of the French Revolution.