A question that positive economics would consider is
A) Should the federal minimum wage be increased to help the working poor?
B) Does free trade result in job losses for workers in import-competing industries?
C) Should all Americans have access to health care?
D) Should high school teachers receive an increase in pay?
Correct Answer:
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Q31: The branch of economics that focuses on
Q32: Microeconomics includes all of the following questions
Q33: The branch of economics that is concerned
Q34: Macroeconomics addresses all of the following questions
Q35: The economic way of thinking includes all
Q37: Which is a question of normative economics?
A)
Q38: Economists recognize all of the following as
Q39: A(n) _ is a person who organizes,
Q40: Because of scarcity of factors of production,
A)
Q41: Which of the following is not an
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