Of the following statements, which reflect(s) a normative view? I. The United States should increase the minimum wage to $10 per hour.
II) There is a federal minimum wage in the United States.
III) The federal minimum wage in the United States is less than $10 per hour.
A) I, II, and III
B) None is normative.
C) I and II
D) I
Answer Key
Correct Answer:
Verified
Q263: Positive economics is the branch of economics
Q284: If an economy produces the desired mix
Q291: Economists disagree more over normative economics than
Q294: Consider a point within a production possibility
Q295: Use the following to answer questions :
Q295: Alison has a linear production possibility frontier
Q306: Use the following to answer questions :
Q307: Use the following to answer questions :
Q309: Use the following to answer questions:
Scenario: Linear
Q310: Use the following to answer questions :
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents