Which of the Following Is an Example of Normative Economics

question 59

Multiple Choice

Which of the following is an example of normative economics?

• A)The minimum wage has not kept pace with inflation.
• B)The minimum wage is an important tool in fighting poverty and should be increased.
• C)The minimum wage can create higher unemployment for teens and unskilled workers.
• D)A higher minimum wage is expected to increase the price of a fast-food cheeseburger.

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