Which one of the following is a positive economic statement?
A) An increase in the minimum wage will reduce employment for teenagers.
B) The minimum wage should be increased.
C) Social justice will be served by increasing the minimum wage.
D) Thoughtful people oppose an increase in the minimum wage.

Question

Quizplus · Accepted Answer

A is a positive economic statement because it presents a factual statement about the impact of a policy on employment without expressing a value judgment or opinion. The other choices express opinions or value judgments about the policy.

Which One of the Following Is a Positive Economic Statement