all with small explanation Generally speaking, timber represents an exhaustible resource,while coal and oil represent renewable resources. a. true b. false 2-densify the normative statement (or statements) below: a. the U.S. unemployment rate was below 5.0% in 2018 b. U.S. trade restrictions cost consumers $200 billion annually c. when the national unemployment rate is 6%, the unemployment rate for inner city youth is often close to 30% d. none of the statements above are normative 3- You are looking at a graph of the Production Possibilities Frontier (PPF). Points which are located to the right of the PPF (or "outside" the PPF) can be described as: a. efficient points b. inefficient points c. unattainable points d. none of the above 4- Designing a government policy to increase total employment is a: a. macroeconomic issue b. microeconomic issue