Which of the Following Issues Is Most Unlikely to Be

question 50

Multiple Choice

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

---

Definitions:

Exports

Goods or services produced in one country and sold to buyers in another, contributing to international trade.

Global Trade Flow

Refers to the movement of goods and services across international borders, involving various economic activities and exchanges between countries.

Specialization of Labor

The division of labor into distinct tasks, where individuals specialize in specific tasks, improving efficiency and productivity.

Adam Smith

An 18th-century economist known for his writings on classical economics, including the concept of the division of labor and the benefits of free markets.