"An Increase in the Federal Minimum Wage Causes an Increase

question 60

Multiple Choice

"An increase in the federal minimum wage causes an increase in unemployment among teenagers" is a:

• A) statement of positive economics.
• B) statement of normative economics.
• C) testable value judgment.
• D) fallacy of composition.

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Definitions:

Surroundings

The environmental context or setting in which an individual or object is situated, influencing their experience and behavior.

Traits

Enduring characteristics or qualities that define an individual's behavior across different situations.

Range of Reaction

The theory that genes set certain limitations on intelligence and emotional health, but environmental factors determine where individuals fall within these limits.

Behavioral Genetics

An area of research focused on understanding how behavioral traits are shaped by genetic and environmental impacts.