Which of the following is a positive statement?
A) The minimum wage should be raised to $7.50.
B) If the military draft were re-instituted,military salaries would probably fall.
C) Customers should not be required to show ID to buy alcohol.
D) Immigration laws are bad for the economy.
Correct Answer:
Verified
Q5: Economic theory:
A)can determine which public policy is
Q6: If the nominal price of apples has
Q7: Which of the following steps in evaluating
Q8: The test of a theory is whether:
A)its
Q9: Positive economic analysis utilizes:
A)value judgments of highly
Q11: Which of the following economic decisions is
Q12: Which of the following is an example
Q13: Positive economics differs from normative economics in
Q14: Which of the following is an example
Q15: Macroeconomics deals primarily with:
A)aggregate economic factors.
B)the behavior
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