Which One of the Following Is a Positive Economic Statement

question 63

Multiple Choice

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.

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Definitions:

Strike-Slip Fault

A type of fault where the movement of the Earth's crust is predominantly horizontal, parallel to the fault's strike direction.

Fold and Thrust Belt

Regions of the Earth's crust that have been subjected to compression, leading to the formation of folded and thrusted layers of rock.

Passive Margin

The transition between oceanic and continental crust which is not an active plate boundary, often characterized by sediment accumulation.

Passive Margin

The shift from oceanic to continental lithosphere which isn't located at an active plate margin.