Normative statements are statements of opinion. The current rate of unemployment of 9% is too high. Is it best for capitalism to have someone be able to inherit 50 million dollars tax free simply by being born lucky rich into right family? Course Hero is not sponsored or endorsed by any college or university. This is an example of: A) a normative statement. ? B) The rate of inflation has increased. They involve making value judgments about things. Study 91 Final Exam - EC 201 flashcards from Allison S. on StudyBlue. Once the U.S. unemployment rate surpasses the 5 percent to 6 percent range, it reflects high unemployment in the country, according to a 2014 article in USA Today. We’ve got course-specific notes, study guides, and practice tests along with expert tutors. C) Government is subject to the same rules as all other institutions. This is an example of: A) a normative statement. That is more evident than ever thanks to the Covid-19 pandemic, which left 10 million Americans jobless in its first two weeks. Unemployment of 5% is too high. Unemployment is universally recognized as undesirable. Get your answers by asking now. How North Korea's Kim marked the new year, Jennifer Lopez grieves for COVID-19 victims, 'Patriotic Millionaires' want to kick in on relief checks, Cheers! This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here! Get one-on-one homework help from our expert tutors—available online 24/7. the U.S. supreme court ruled that the microsoft corporation had illegally protected its windows monopoly against competitors and had attempted to monopolize the market for browsers. Start studying Economics Submission 1. Thanks to the COVID-19 epidemic, low unemployment has become a thing of the very recent past. C) the circular-ow model. Satisfaction guaranteed! D) comparative... 19.Unemployment of 5% is too high. Suppose that initially equilibrium income was 200 units and that this was also the full employment level of income. mirco economics Study 127 economics flashcards from Michaela F. on StudyBlue. This is an example of. 1dph bbbbbbbbbbbbbbbbbbbbbbbb &odvv bbbbbbbbbbbbbbbbbbb 'dwh bbbbbbbbbb ,' $ 0rgxoh 33& sudfwlfh 0xowlsoh &krlfh,ghqwli\ wkh fkrlfh wkdw ehvw frpsohwhv wkh vwdwhphqw ru … A) Government has grown too large and should be reduced. B) a positive statement. C) made generally of wood, plastic, and/or metal. This is the opposite of positive statements… B) a positive statement. This is an example of a. normative statement b. positive statement c. the circular flow model d. none of the above.. My answer is C because The circular-flow diagram represents the transactions in an economy by flows around a circle. D) often useful in forming economic policy. 235.Which of the following is a normative statement? This is the opposite of positive statements, which are strictly factual. They involve making value judgments about things. What’s the difference between money and wealth ? Explain why you believe this.. The effects of high unemployment are far reaching, extending from the confines … The current rate of unemployment of 5% is too high. Still have questions? This is a _____ statement. 6. Share your own to gain free Course Hero access. C) the circular-flow model. D) Find the best study resources around, tagged to your specific courses. Why is everyone but us so underdeveloped? Are there any countries’ currencies which have 1/1000 or 0.001 unit (for example: 1 mil )? B) a positive statement. Answer to 19.Unemployment of 5% is too high. Is the 2020s the end of the US dollar being the dominate currency ( FIAT ) in the world ? Join Yahoo Answers and get 100 points today. Learn vocabulary, terms, and more with flashcards, games, and other study tools. C) the circular-flow model. Normative statements are statements of opinion. Learn vocabulary, terms, and more with flashcards, games, and other study tools. regarding GDP, inflation, and unemployment, what business cycle does this most closely fit? Congress has been unusually generous to the approximately 41 million unemployed people like me. New booze tariffs about to take effect, Packers suffer major loss days before season finale, Biden certification in Congress likely to be contentious, Groundbreaking rapper, producer MF Doom dies at 49, Legal pot and more: 5 laws taking effect in 2021, Pence to judge: Toss GOP bid to overturn election, Suit against Masterson goes to 'religious arbitration', McConnell: $2K stimulus checks ‘socialism for rich’. The current rate of unemployment of 9% is too high. Course Hero has all the homework and study help you need to succeed! Why do we think a 4.5% unemployment rate is too low or, to put it somewhat diferently, is acceptable. Far too many people are unemployed these days. The unemployment rate peaked at around 10% following the 2008–09 financial crisis. Final Macro economics - Free download as PDF File (.pdf), Text File (.txt) or read online for free. Start studying Economics CH1. So if you said the unemployment rate is 10%, that would be a "positive" statement, but if you say the rate is 5% too high, you are stating your own opinion about what unemployment "should be". D) an example of comparative advantage. this charge … 14) If your tuition is $2,000 this semester, your books cost $400, you can only work 10 rather than 40 hours per week during the 15 weeks you are … Ask your own questions or browse existing Q&A threads. 234. A Normative Statement. "Unemployment of 5% is too high" is: A) a normative statement. Diferently, is acceptable for free COVID-19 epidemic, low unemployment has a! 10 million Americans jobless in its first two weeks pandemic, which left 10 million Americans jobless its! 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