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.
Invasive species provide an example of predator pressure.
Bergmann’s and Allen’s rules expressed in two rabbit species. (a) A snowshoe hare. (b) A desert-livi
Unemployment and Federal Action, 1929–1941
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