Economists Disagree About Whether Increasing the Minimum Wage Is a Good

question 61

Multiple Choice

Economists disagree about whether increasing the minimum wage is a good idea,because they put different weight on the importance that the negative impacts have relative to the positive impacts.As such,the disagreements are usually over

• A) normative issues
• B) positive issues
• C) the mathematical calculations in an economic model
• D) whether microeconomics or macroeconomics is more important
• E) whether economic theory is useful in explaining the behavior of actors in the economy

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Definitions:

Lycopodiophyta

A division of plants, commonly known as clubmosses, characterized by a primitive vascular system, often found in moist, shaded environments.

Hepaticophyta

A division of non-vascular plants commonly known as liverworts, which are simple plants that form flat green thalli.

Anthocerophyta

A division of non-vascular plants known as hornworts, characterized by a horn-like structure that contains the plant's reproductive organs.

Bryophyta

A division of non-vascular plants that includes mosses, liverworts, and hornworts, characterized by a life cycle dominant in the gametophyte stage.