Answer:
a. If the overall unemployment rate is 6 percent, teenage unemployment rates will exceed 12 percent.
Explanation:
Positive economics refers to the description of facts and information related to the economic situation of a country or region. It simply means explaining the facts and reality that is proven by theoretical work as well. It highlights the cause and effect relationships between different economic phenomenon. Here, the statement that if the overall unemployment rate is 6 percent, teenage unemployment rates will exceed 12 percent fulfills this criteria as it presents a simple and well-known fact that teenage unemployment rates are usually higher than the overall unemployment rate and can be double. This is because of a lack of skill set and experience at the youth level as compared to older age groups.
Answer:
Since budgeting allows you to create a money spending plan, it makes sure you have enough money always for what you need and what is important for you.
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Two emerging factors after the War of 1812 that contributed to development of sectionalism were "an increase in the number of men voting" and "the concept of manifest destiny," since both of these led to a more "aggressive" nation that was becoming more and more divided on how to exploit that aggression.
