This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Which of the following is NOT normative economic statement? A) The minimum wage should be ... (Read 163 times)

xclash

  • Hero Member
  • *****
  • Posts: 681
on: Jun 29, 2018
Which of the following is NOT normative economic statement?
 
  A) The minimum wage should be eliminated so unemployment can be reduced.
  B) Increases in the minimum wage cause increases in unemployment.
  C) The inflation rate should fall to increase individuals' well being.
  D) Taxes on cigarettes should be increased to reduce smoking.

Question 2

All of the following are forms of social regulation EXCEPT
 
  A) the Food and Drug Administration regulating the quality of drugs.
  B) the Public Utility Commission regulating the price of telephone service.
  C) the Environmental Protection Association regulating automobile emissions.
  D) the Occupational Safety and Health Administration regulating workplace safety.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Anonymous

  • Sr. Member
  • ****
  • Posts: 317
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

B


xclash

  • Hero Member
  • *****
  • Posts: 681
Reply #2 on: Jun 29, 2018
Correct answers!


Anonymous

  • Sr. Member
  • ****
  • Posts: 317
Reply #3 on: Jun 29, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

Approximately 500,000 babies are born each year in the United States to teenage mothers.

Did you know?

Computer programs are available that crosscheck a new drug's possible trade name with all other trade names currently available. These programs detect dangerous similarities between names and alert the manufacturer of the drug.

Did you know?

Anesthesia awareness is a potentially disturbing adverse effect wherein patients who have been paralyzed with muscle relaxants may awaken. They may be aware of their surroundings but unable to communicate or move. Neurologic monitoring equipment that helps to more closely check the patient's anesthesia stages is now available to avoid the occurrence of anesthesia awareness.

Did you know?

Fatal fungal infections may be able to resist newer antifungal drugs. Globally, fungal infections are often fatal due to the lack of access to multiple antifungals, which may be required to be utilized in combination. Single antifungals may not be enough to stop a fungal infection from causing the death of a patient.

Did you know?

Glaucoma is a leading cause of blindness. As of yet, there is no cure. Everyone is at risk, and there may be no warning signs. It is six to eight times more common in African Americans than in whites. The best and most effective way to detect glaucoma is to receive a dilated eye examination.

Results from sequential study of two cohorts tested at three ages and at three different points in t Results from sequential study of two cohorts tested at three ages and at three different points in t
economic question economic question
economic question economic question
economic question economic question
economic question economic question
economic question economic question
Video: Optic Nerve and Optic Disk Animation (Part 1 of 2)

For a complete list of videos, visit our video library