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melinoma86 melinoma86
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5 years ago

Question 1.

Economic stability refers to the condition of steady growth in national output, with ________ inflation and ________ employment of resources.



▸ negative; low

▸ low; full

▸ high; full

▸ no; no

Question 2.

Because all workers should be able to earn a living wage, the minimum wage should be raised to $11.50 per hour in the United States. This statement is best described as



▸ a normative statement.

▸ a positive statement.

▸ a marginal statement.

▸ an implication of an efficient market.
Textbook 
Principles of Economics

Principles of Economics


Edition: 12th
Authors:
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Strategyboyz21Strategyboyz21
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melinoma86 Author
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5 years ago
This helped my grade so much
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5 years ago
Perfect
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