Which of the Following Is a Positive Statement

question 26

Multiple Choice

Which of the following is a positive statement?

• A) Mutually beneficial trade is good.
• B) Minimum wage laws are not Pareto efficient.
• C) All workers should earn, at a minimum, a living wage.
• D) All persons who cannot produce enough to earn a living wage should not be allowed to work.

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Definitions:

Legacy

Assets or money passed on to heirs in a will, or a system/software inherited from the past.

Uniform Probate Code

A set of laws intended to simplify the process of transferring assets upon death, and to standardize and modernize probate law across states.

Probate Laws

The body of law that governs the process through which a deceased person’s estate is properly distributed to heirs and designated beneficiaries, and any debt owed to creditors is paid off.