Which of the following is NOT an example of a question answered by positive analysis?
A) How will an increase in the price of gasoline affect taxi drivers?
B) What fraction of an income-tax cut will be spent on consumer goods?
C) How will an increase in interest rates affect investment in factories?
D) Should the government increase the minimum wage?
Correct Answer:
Verified
Q30: Which of the following is an example
Q31: Which of the following is a question
Q32: Talking about alternatives is the first step
Q33: Which of the following is a question
Q34: When economists construct economic models,
A) all but
Q36: Positive economics questions "What ought to be?"
Q37: Most modern economic analysis is positive in
Q38: Deciding how products of a society are
Q39: Deciding if a college uses more PhDs
Q40: Which of the following is NOT a
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