Which of the following issues is most unlikely to be addressed by an economist practicing positive economics?
A) the relationship between the minimum wage and the number of unemployed unskilled workers
B) the effect of a minimum wage increase on inner-city crime rates
C) the desirability of a minimum wage increase
D) the consequences of implementing a minimum wage law in China

Question

Quizplus · Accepted Answer

Positive economics deals with factual statements and objective analysis, so it would not address normative issues like the desirability of a minimum wage increase. The other options all deal with the relationship between economic variables and can be analyzed using positive economics principles.

Which of the Following Issues Is Most Unlikely to Be