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a) During 2000 some economists argued that the Federal Reserve should undertake policies to slow the economy to ensure low inflation. Other economists opposed these policies, arguing that these measures would raise unemployment.

b) The 1990’s were a bad decade fro the U.S. economy. Income inequality increased to its highest level since before World War II.

2007-09-11 20:23:25 · 3 answers · asked by ½ÃÂù ± 2 in Social Science Economics

3 answers

A) Positive (no hint of approval or disapproval)

B) Normative ("bad" indicates disapproval)

2007-09-12 00:48:18 · answer #1 · answered by ideogenetic 7 · 0 0

A) Positive
B) Normative

2007-09-12 09:20:08 · answer #2 · answered by Yo, Teach! 4 · 0 0

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