Which of the Following Is a Positive Question

question 36

Multiple Choice

Which of the following is a positive question?

• A) Is society better off if we restrict trade with other countries?
• B) Should we increase taxes on the rich or the middle class?
• C) Will an increase in the minimum wage cause more unemployment for teenagers?
• D) Should the government provide health care?

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Definitions:

Specialization

The practice of focusing on and becoming expert in a particular subject or skill, in economics, it refers to individuals or firms concentrating on the production of limited kinds of goods or services.

Absolute Advantage

The ability of an individual, company, or country to produce a good or service at a lower cost per unit than others.

Comparative Advantage

The ability of an entity to produce a good or service at a lower opportunity cost than another entity, leading to more efficient trade.

Radios

Devices used for the wireless transmission and reception of sound through electromagnetic waves.