Which of the following statements is a positive economic statement? Government p

Question

Which of the following statements is a positive economic statement? Government programs to help the poor are just making problems worse. One in very five children in the United States in living in poverty. Increases in poverty rates signify a deterioration of the U.S. economy. The number of families living in poverty in the United States is too high. Suppose there are 100 million in the labor force, and 6 million unemployed people. During the next month, 200,000 people lose their jobs and 300,000 find jobs. The new total of employed is___and the new unemployment rate is___. 100.1 million; 5.8 percent. 100 million; 6.1 percent. 94.1 million; 5.9 percent. 93.9 million; 6.1 percent.

Explanation / Answer

42)Positive statements are objective statements which can be tested.

So One in every 5 children in US is living in poverty is positive statement as it can be tested.

Number of families in poverty in US is too high.It can be tested also.

So correct options are B and D.

43) New employed=100000000-60000000-200000+300000=94100000=94.1 million

New unemployment rate=(6000000+200000-300000)/100 million

                                   =5.9%

So correct option is C.

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