Which of the following four statements is True, False or Uncertain? Pleaseexplain your answer.

1. Money is a capital resource.

2. Limited resources are the fundamental reason of the economic problem.

3. Bank of America, a large U.S. bank, recently announced that it will increase the interest rates on business loans. The bank's statement is considered a macroeconomics issue.

4. Higher minimum hourly wage rates will raise the unemployment rate. This is an example of a normative (policy) economics statement.