Which of the Following Is a Normative Economic Statement

question 63

Multiple Choice

Which of the following is a normative economic statement?

• A) Congress should increase the legal minimum wage.
• B) An increase in the legal minimum wage would cause unemployment to increase.
• C) An increase in the legal minimum wage would cause unemployment to decrease.
• D) An increase in the legal minimum wage would lead to more equality in the distribution of income.

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Businesses that clean clothing and textiles using a chemical solvent rather than water, typically for items that cannot withstand the rigors of a standard home washer and dryer.