Which of the Following Statements Is Not Correct

question 81

Multiple Choice

Which of the following statements is not correct?

• A)An advantage of an in-kind transfer is that it prevents an alcoholic from spending a cash benefit on alcohol.
• B)An advantage of the Supplemental Security Income (SSI) program is that it benefits the sick and disabled.
• C)An advantage of a negative income tax program is that the poor must work to be eligible.
• D)Minimum wage laws result in higher unemployment among those groups of workers affected by the minimum wage.

Distinguish between positive and normative economic statements.

Know the steps of the scientific method in economics.

Understand that economic models require simplifications due to the complexity of reality.

Identify the characteristics of a good economic theory.

---

Definitions:

Spreadsheet

A computer application for organization, analysis, and storage of data in tabular form, allowing for numerical calculations and data management.

Commonly Used

Referring to something that is frequently utilized or widely adopted in various contexts or situations.

Editorial Calendar

A schedule used by publishers, bloggers, and marketers to plan and organize content publications across different media over time.