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 244 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?

Earwax has antimicrobial properties that reduce the viability of bacteria and fungus in the human ear.

Did you know?

According to the American College of Allergy, Asthma & Immunology, more than 50 million Americans have some kind of food allergy. Food allergies affect between 4 and 6% of children, and 4% of adults, according to the CDC. The most common food allergies include shellfish, peanuts, walnuts, fish, eggs, milk, and soy.

Did you know?

People often find it difficult to accept the idea that bacteria can be beneficial and improve health. Lactic acid bacteria are good, and when eaten, these bacteria improve health and increase longevity. These bacteria included in foods such as yogurt.

Did you know?

Long-term mental and physical effects from substance abuse include: paranoia, psychosis, immune deficiencies, and organ damage.

Did you know?

Complications of influenza include: bacterial pneumonia, ear and sinus infections, dehydration, and worsening of chronic conditions such as asthma, congestive heart failure, or diabetes.

economic economic
How wide must a narrow slit be if the first diffraction minimum occurs at 12 with laser light ... How wide must a narrow slit be if the first diffraction minimum occurs at 12 with laser light ...
A Comparison of Economic Systems A Comparison of Economic Systems
economic question economic question
economic question economic question
economic question economic question
Video: Negative Feedback Regulation of Blood Pressure

For a complete list of videos, visit our video library