Which of the Following Statements Is an Example of Positive

question 53

Multiple Choice

Which of the following statements is an example of positive economics?

• A) The minimum wage should be increased to allow minimum-wage workers to earn decent incomes.
• B) In a free market environment,wages should be set by the market.
• C) A higher minimum wage will reduce the number of workers hired.
• D) A higher minimum wage will be fairer to skilled workers.
• E) A higher minimum wage is good for the economy.

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Definitions:

Authoritative Leaders

Leaders who dictate policies and procedures, expecting followers to comply without questioning.

Kindness

The quality of being friendly, generous, and considerate towards others.

Appearance

The way that someone or something looks to others, including aspects of physical presentation, dress, and grooming.

French And Raven

Refers to a social psychology theory identifying five bases of power: legitimate, reward, coercive, expert, and referent.