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Author Question: An increase in the federal minimum wage will provide a living wage for the working poor is: a. a ... (Read 72 times)

mpobi80

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on: Jun 30, 2018
An increase in the federal minimum wage will provide a living wage for the working poor is:
 a. a statement of positive economics. b. a fallacy of composition.
  c. a tautology. d. a statement of normative economics.

Question 2

Which of the following is a positive statement?
 a. I think we should pass a constitutional amendment to reduce the deficit.
  b. President Clinton's way of dealing with the economy is better than President Bush's.
  c. I hope interest rates come down soon.
  d. If taxes are raised, unemployment will drop.


Juro

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Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

d


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