The statement Unemployment should be below 6 percent is A) a ...

[tiara099]

The statement Unemployment should be below 6 percent is
 
  A) a positive statement.
  B) a normative statement.
  C) a prediction.
  D) an assumption.

Question 2

The above figure shows the apartment rental market in Bigtown. If the Bigtown Housing Authority imposes a rent ceiling of 500 per apartment, the deadweight loss will be
 
  A) 1,000,000.
  B) 500,000.
  C) 250,000.
  D) 125,000.

[amcvicar]

Answer to Question 1

B

Answer to Question 2

C

[tiara099]

Thanks for the timely response, appreciate it

[sultansheikh]

YES! Correct, THANKS for helping me on my review