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Positive and Normative Statements
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Problem 10
Positive and Normative Statements
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1. Introduction to Macroeconomics / Positive and Normative Statements / Problem 10
Problem 10
Which of the following is a normative statement?
A
Unemployment is currently at 4%.
B
The GDP grew by 2% last year.
C
Interest rates are at a historic low.
D
The government should focus on reducing unemployment.
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