Intermediate Microeconomics and Its Application 12th Edition by Walter Nicholson,Christopher Snyder

تمرين 21

The following conversation was heard among four economists discussing whether the minimum wage should be increased:
Economist A. "Increasing the minimum wage would reduce employment of minority teenagers."
Economist B. "Increasing the minimum wage would represent an unwarranted interference with private relations between workers and their employers."
Economist C. "Increasing the minimum wage would raise the incomes of some unskilled workers."
Economist D. "Increasing the minimum wage would benefit higher-wage workers and would probably be supported by organized labor."
Which of these economists are using positive analysis and which are using normative analysis in arriving at their conclusions? Which of these predictions might be tested with empirical data? How might such tests be conducted?