Asked by Tharchin Sangpo on Jul 08, 2024
Verified
Which of the following is a positive statement?
A) Intermediate microeconomics should be required of all economics majors in order to build a solid foundation in economic theory.
B) The minimum wage should not be increased because this action would increase unemployment.
C) Smoking should be restricted on all airline flights.
D) All automobile passengers should be required to wear seatbelts in order to protect them against injury.
E) none of the above
Positive Statement
An objective statement based on factual claims, describing the world as it is without imbuing personal preferences or prescriptions.
Economic Majors
Students who are pursuing an academic degree or course of study focused on economics.
Seatbelts
Safety devices designed to secure the occupants of a vehicle against harmful movement that may result during a collision or a sudden stop.
- Grasp the variance between positive and normative expressions in the field of economic discourse.
Verified Answer
Learning Objectives
- Grasp the variance between positive and normative expressions in the field of economic discourse.
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