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:

Biomedical Therapy

Treatments for mental disorders that involve physical processes, such as medication, electroconvulsive treatment, or surgery.

Insight Therapy

A form of psychotherapy that aims to bring a sudden awareness and understanding of one's own feelings, motivations, and behaviors.

Psychodynamic Therapy

Therapy deriving from the psychoanalytic tradition; views individuals as responding to unconscious forces and childhood experiences, and seeks to enhance self-insight.

Eclectic Approach

An approach to psychotherapy that uses techniques from various forms of therapy.